
US stock market report – big tech and inflation in focus
All three US stock market indices finished the week higher, with big tech stocks like Amazon (NASDAQ:AMZN) driving the market.
Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) is the parent company for Google Inc, Waymo, Nest, Verily and — literally — a company for every letter of the Alphabet. Under the Alphabet banner there are more than six products or services that reach one billion active users, such as Google Drive, Search, Maps, Android and more.
All three US stock market indices finished the week higher, with big tech stocks like Amazon (NASDAQ:AMZN) driving the market.
Are FAANG stocks like Facebook Inc (NASDAQ: FB), Apple Inc (NASDAQ: AAPL), Amazon Inc (NASDAQ: AMZN), Netflix Inc (NASDAQ: NFLX) and Google/Alphabet Inc (NASDAQ: GOOGL) better than Australia’s blue-chip shares like Commonwealth Bank of Australia (ASX: CBA) and Telstra Ltd (ASX: TLS)?
US markets finished broadly higher on Friday, with the Nasdaq leading the way to jump 1.5%. Here’s what you need to know.
Imagine you have $10,000 to invest in ASX shares, Australian ETFs or US stocks right now… where on earth can you go to get some ideas? Then imagine if you get 3 analysts and one experienced podcast host to get some of their best ideas…
Nine Entertainment Co Holdings Ltd (ASX: NEC) share price has put on quite a show since the pandemic. Will the latest agreements make the Nine share price even more popular?
US markets commenced the week strongly, led by gains in the technology sector, which finished 1.4% higher on Monday.
Both the Dow Jones and S&P 500 finished the week at record highs, while the Nasdaq reversed some recent losses to push higher on Friday.
The Dow Jones finished 0.3% higher on Wednesday, reaching another record as the Nasdaq continued its sell-off, falling 0.4%.
US stock markets weakened overnight as earnings season gathered steam. Microsoft (NASDAQ:MSFT) and Alphabet (NASDAQ:GOOGL) are in the news.
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