Invesco debuted a new suite of funds today that offers exposure to a set of investors who have not previously had direct access to the NASDAQ-100 as a means for exposure to large-cap growth companies. The Invesco QQQ Innovation Suite offers investors access to the NASDAQ-100® Index and NASDAQ Next […]
NASDAQ
Invesco Launches New QQQ Innovation Suite in Partnership with Nasdaq
New products offer all investors access to NASDAQ-100 Index and NASDAQ Next Generation 100 Index ATLANTA, Oct. 13, 2020 /PRNewswire/ — Invesco Ltd. (NYSE: IVZ) today announced the launch of the Invesco QQQ Innovation Suite, which offers investors access to the NASDAQ-100® Index and NASDAQ Next Generation 100 Index® through a variety of […]
The tech-heavy Nasdaq could plunge another 12% from current levels as a key support level is tested, says Morgan Stanley’s investment chief
Andrew Kelly/Reuters As investors continue to grapple with a rise in COVID-19 cases and the uncertainty of more fiscal stimulus from Congress, the technical picture of the stock market “has deteriorated,” Morgan Stanley said in a note on Monday. After both the S&P 500 and Nasdaq 100 indices closed […]
Dow recovers from intraday drop as S&P 500, Nasdaq snap four-day losing streak
Stocks rose Tuesday, recovering from intraday losses as the bulls appeared to overcome worries about renewed coronavirus lockdowns in Europe and rising political uncertainty in the U.S. Investors also watched testimony by Federal Reserve Chairman Jerome Powell and Treasury Secretary Steven Mnuchin before a House panel. What are major benchmarks […]
Pontiac-based United Shore to merge, go public on Nasdaq
Pontiac-based mortgage company United Shore Financial Services is preparing to go public on the Nasdaq stock exchange through a complex deal involving a company belonging to the older brother of Detroit Pistons owner Tom Gores, the company announced Wednesday. © Cameron Pollack, Detroit Free Press Exterior of United Shore’s new headquarters in […]
Conversion Labs Closes $3.5 Million Equity Investment, Submits Application for Nasdaq Capital Market Up-Listing
NEW YORK, Sept. 16, 2020 (GLOBE NEWSWIRE) — Conversion Labs, Inc. (OTCQB: CVLB), a direct-to-consumer telemedicine and wellness company, has completed its previously announced equity investment by a select group of private investors and family offices, including investors David Blitzer and Wes Edens, for $3.5 million. Conversion Labs also submitted this […]
Dow Is Flat in Afternoon Trading as S&P, Nasdaq hold on to Gains
Text size People walk along a street surrounded by shops and malls in Shanghai on Jul. 31, 2020. AFP via Getty Images The Dow closed nearly flat Tuesday, losing some of its earlier steam despite Apple’s product launch and the prospect of several tech IPOs. The retail sector was also […]
Stocks finish mixed as Nasdaq books worst week since March
UBS Managing Director and Senior Portfolio Manager Jason Katz on why he’s remaining optimistic on today’s markets. U.S. equity markets ended mixed as tech stocks continued to see profit-taking. Ticker Security Last Change Change % I:COMP NASDAQ COMPOSITE INDEX 10853.545198 -66.05 -0.60% AMZN AMAZON.COM INC. 3,116.22 -58.89 -1.85% FB FACEBOOK INC. […]
Wall Street ends lower as Nasdaq rout persists
NEW YORK (Reuters) – The Nasdaq closed lower on Friday though well above its session low as selling eased late in the day after investors dumped heavyweight technology stocks due to concerns about high valuations and a patchy economic recovery. The major indexes regained some ground in late afternoon though […]
New Mountain Finance Corporation Announces Transfer of Listing from the New York Stock Exchange to the NASDAQ Global Select Market
New Mountain Finance Corporation (NYSE: NMFC) (the “Company”, “we”, “us” or “our”) today announced that it has completed the application process and has been authorized to transfer the listing of its shares of common stock, par value $0.01 per share (the “Common Stock”), and its 5.75% Notes due 2023 (the […]