The Latest Breaking News from Nasdaq

Reuters

Most big techs are now trading below their June lows, dragged by macro concerns, which have not spared the broader market either. Techs have led the market sell-off once again and this is evident from their relative underperformance versus the broader market.

The major U.S. index futures are flatlining, as traders are digesting the implication of the Fed's policy statement and a couple of interest rate decisions from Japan and the United Kingdom.

Gainers Spero Therapeutics, Inc. (NASDAQ: SPRO) rose 105.6% to $1.69 in pre-market trading. GSK and Spero Therapeutics announced exclusive license agreement for late-stage antibiotic asset, Tebipenem HBr.

Pre-open movers

Gainers

Hong Kong's benchmark Hang Seng Index lost over 1.9% in opening trade to hit 2011 lows after the U.S. Federal Reserve raised interest rates by 0.75% and indicated they could be hit as high as 4.6% next year.  That dented stocks of U.S.-listed Chinese EV makers, whose business prospects depend a lot…

After briefly dipping lower, the Dow Jones and Nasdaq reversed higher following the Fed's decision to raise rates by 75 basis points, but reversed again to close lower.

Analysts attended CrowdStrike Holdings, Inc's (NASDAQ: CRWD) annual user conference called Fal.Con, where management also hosted an investor briefing

U.S. stocks traded slightly higher toward the end of trading session on Wednesday following the announcement of interest rate decision by the Fed.

NVIDIA Corp's (NASDAQ: NVDA) GPU Technology Conference (GTC) was packed with company updates, led by the launch of a new generation of GeForce RTX GPUs. Here's a look at some highlights from the event.