Flash News

TREE NEWS reports: US sector ETFs closed mostly lower on Friday, September 18. Utilities fell 1.42%, biotech 1.21% and networking 1.19%. Technology and global tech ETFs bucked the trend, with the semiconductor ETF gaining 2.21%, the tech sector ETF up 0.82% and the global tech index ETF up 0.79%.

TREE NEWS reports: Eight of the S&P 500’s 11 sectors closed lower, with utilities down 1.4%, materials off 1.1%, real estate down 0.94% and telecom slipping 0.74%. Information technology was the standout gainer at 0.81%, while industrials added 0.47%.

TREE NEWS reports: Nucor closed 6.3% higher, marking its largest single-day drop since April 2025. The steelmaker’s move stands out as a sharp one-day swing in its shares.

TREE NEWS reports: Coinbase shares closed 12% higher, while online brokerage Robinhood rose 9.1% in the same session. The two crypto-exposed US equities led gains as of the close.

TREE NEWS reports: The S&P 500 closed up 0.1% and the Nasdaq 100 gained 0.6%, while the Dow fell 1.6% for the week and the S&P slipped about 0.2%. Strategy was the standout, rising 16.4% in the Nasdaq 100, with SanDisk up 10.8% and Lam Research, Seagate, Applied Materials and Teradyne each gaining at least 5%. Qualcomm dropped 5.6% and Thomson Reuters fell 5.1%.

TREE NEWS reports: The Nasdaq Golden Dragon China Index closed up 0.7% but fell 0.4% for the week. Among Chinese ADRs, Alibaba rose 4.3%, ASE Technology gained 4%, Pinduoduo added 1.5%, Xiaomi climbed 0.7%, Meituan rose 0.6% and BYD edged up 0.4%.

TREE NEWS reports: The Nasdaq 100 climbed 0.4% on Wednesday, setting a new intraday high for the session. The move extends the index’s advance, with the gain marking its strongest level of the trading day.

TREE NEWS update: London-based Nscale, a vertically integrated AI infrastructure and GPU cloud computing company, has filed for a US initial public offering and is seeking to list its shares on the New York Stock Exchange under the ticker “NSCL.” The filing marks the UK company’s move toward a US public listing.

TREE NEWS reports: The Hang Seng Index’s main night session closed down 0.23% at 24,678 points. The Hang Seng Tech Index’s night session also slipped, falling 0.204401 points. The overnight moves reflect the latest after-hours trading in Hong Kong’s equity market.

TREE NEWS reports: The US Department of Justice is considering joining an antitrust lawsuit against BlackRock and State Street. News of the potential action sent State Street shares down as much as 1.4% in a swift widening of losses. No further details on the suit or the DOJ’s timing were given.

TREE NEWS reports: Coinbase, Strategy and other crypto-linked stocks rallied Friday, recovering from a selloff tied to the CLARITY Act, as the CFTC and SEC moved ahead with crypto-related actions under existing authority. The rebound followed the earlier drop in crypto equities.

TREE NEWS reports: Westinghouse Electric is seeking a valuation of more than $50 billion in a US initial public offering, people familiar with the matter said. The nuclear power company is pursuing a listing that would rank among the largest US IPOs in recent years. No timetable, share count or price range was disclosed.

TREE NEWS reports: The MSCI Nordic Countries Index fell 0.9% to 395.33 points, with the Nordic industrials sector posting the steepest decline among the ten sectors tracked. Telecom group Elisa Oyj dropped 4.4%, the weakest performer among Nordic stocks.

TREE NEWS reports: Germany’s DAX 30 closed down 1.58% at 25,310.29, a weekly loss of about 1%. France’s index ended down 1.64% and Italy’s down 1.67%, with Italian bank stocks off 2.33%. The UK index closed 1.45% lower.

TREE NEWS reports: Europe’s STOXX 600 closed down 1.11% at 635.45 on Friday, leaving the index 0.57% lower for the week. The eurozone’s STOXX 50 fell 1.37% to 6,236.20, down 1.41% over the week after a V-shaped run between Sept. 14 and Sept. 17. The FTSE Eurofirst 300 lost 1.12% to close at 2,537.93.

TREE NEWS update: Volkswagen Group cut its 2026 profit forecast to between -€500 million and €1.5 billion, down from a prior range of €1.5-3.5 billion, and now expects an operating return on sales of up to 1% against analyst estimates of 4.29%. The group guided to sales revenue of about €315 billion and net cash flow in the automotive division of €3-6 billion, citing a further deteriorating market environment and an accelerating shift in demand toward battery-electric vehicles.

TREE NEWS update: Grayscale’s Zcash ETF (ZCSH) is planning a 3-for-1 share split after a $233 million inflow surge, with assets nearing $890 million. The move follows a rally in ZEC that has pushed mining competition to record highs.

TREE NEWS reports: Coinbase (COIN) shares rose 10.00% intraday on September 18, trading at $191.02. The move marks a sharp single-session gain for the US-listed crypto exchange’s stock.

TREE NEWS reports: The Nasdaq Golden Dragon China Index climbed more than 1%, with Fangdd up 8.5%, Alibaba up 4.4% and Pinduoduo up 2.1%. New Oriental, Li Auto, JD.com, NIO and Meituan each rose over 1%, while XPeng, Xiaomi ADR and ASE Semiconductor gained at least 0.5%. Tencent ADR fell 1.6%, Pony.ai dropped 3.2% and WeRide declined 3.5%.

TREE NEWS reports: Alphabet’s Class A stock rose 3.5%, its largest single-day gain in six weeks. The move marks the strongest session for the Google parent’s shares since early in the year, though no specific catalyst was cited in the material.