Nasdaq Reaches Its Lowest Level in Three Months

Nasdaq

The Nasdaq declined by 0.29 percent as it closed at 2,623.70 at the stock market today which caused it to reach its lowest level in three months.
On the other hand Blue chips in the US increasing even as other shares have been sluggish due to the selloffs among investors in the technology and materials sectors. The Dow Jones increased by 0.5 percent as it closed at 11,961.52 as it recovered from the decline it experienced the day before. The S&P 500 also increased by 0.2 percent as it closed at 1,267.64 at the stock market today.

Solazyme Makes a Successful Debut at the Nasdaq

Solazyme Inc Makes a Successful Debut at the Nasdaq

The shares of Solazyme Inc closed at around $20.71 which is higher than the $18 IPO price at the Nasdaq. Solazyme Inc is planning to sell fuel oils at around $3.44 for every gallon, which is equivalent to $0.91 for every liter.

Slight Movements in US Stocks at Year End

SPenny Stocks

US stocks moved slightly at the end of the year with investors holding back as the Dow Jones Industrial Average closed on a positive note and the S&P achieving its best December in almost twenty years. The month saw the benchmark index increase by 6.6 percent, as it went up 17 times in the previous [...]

As Rates Increase in China, Santa Claus Rally Goes On

As Rates Increase in China, Santa Claus Rally Goes On

For the past month the Dow Jones, Nasdaq and S&P have increased by at least five percent and the optimism of the market is in its highest level in the last six years while the volatility index of the CBOE has gone down by around 60 percent since the highest level of the year in [...]