Consumer stocks were declining marginally premarket Wednesday with the Consumer Staples Select Sector SPDR Fund (XLP) down less than 0.1% while the Consumer Discretionary Select Sector SPDR Fund (XLY) fell nearly 0.1%.
Wall Street's main indexes were set to open lower on Wednesday as Federal Reserve Jerome Powell remained firm in bringing inflation back to 2% target, spurring worries of more monetary tightening.
Tesla Inc has returned to the S&P 500 ESG index, the sustainable investing-focused market index, after the electric car maker added environmental disclosures.
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U.S. index futures swung between gains and losses on Wednesday as investors turned cautious ahead of Federal Reserve Chairman Jerome Powell's congressional testimony, while Tesla gained as Texas requires charging stations to include its plug.
U.S. stock index futures edged lower on Wednesday in cautious trading ahead of Federal Reserve Chairman Jerome Powell's congressional testimony, while Tesla gained as Texas requires state-backed charging stations to include its plug.
Apple was the first company to achieve a market capitalization of $1 trillion. It reached that milestone in 2018. Microsoft and Alphabet joined the club in 2019 and 2020, respectively, then Amazon and Nvidia followed in 2023. For the sake of accuracy, Amazon actually attained a $
U.S. President Joe Biden welcomes India's prime minister, Narendra Modi, on Wednesday for two days of talks that the White House sees as bolstering "one of the defining partnerships of our age," despite ongoing concerns about human rights.
Automakers, including Tesla and Mercedes, are rushing to lock in graphite supply from outside dominant producer China, as demand for electric vehicle (EV) batteries outpaces other uses for the mineral for the first time due to soaring EV sales.
China on Wednesday announced an extension of a purchase tax break on new energy vehicles (NEVs), a new pillar of the economy whose muted recovery has seen market watchers calling for more stimulus.
Tesla scored a series of victories for its charging technology on Tuesday, capped by Texas saying it would require electric vehicle charging companies to include both Tesla's standard as well as the nationally recognized CCS if they want to be part of a state program to electrify highways using federal dollars.
The stock market moved lower on Tuesday, although the Nasdaq Composite (NASDAQINDEX: ^IXIC) managed to hold its losses to a much smaller percentage than the S&P 500 (SNPINDEX: ^GSPC) or Dow Jones Industrial Average (DJINDICES: ^DJI). Investors still seem to value the higher g
Tesla CEO Elon Musk said he had a "very good" conversation with Indian Prime Minister Narendra Modi in New York on Tuesday evening, and that the maker of electric vehicles will try to be in India "as soon as humanly possible."
Texas said it will require electric vehicle charging companies to include both Tesla's NACS standard as well as the CCS standard if they want to be part of a state program to electrify the state's highways using federal dollars.
Texas said it will require electric vehicle charging companies to include both Tesla's NACS standard as well as the CCS standard if they want to be part of a state program to electrify the state's highways using federal dollars.
Tesla (NASDAQ: TSLA) appears to have won the charging battle with major EV automakers lining up to use its charging standard. This is a big win for the company's effort to build a standard, but will it have an impact on the bottom line? Travis Hoium covers what we know in the vid
The best performing sector as of midday Tuesday is the Healthcare sector, losing just 0.3%. Within that group, CVS Health Corporation (Symbol: CVS) and Eli Lilly (Symbol: LLY) are two large stocks leading the way, showing a gain of 1.6% and 1.4%, respectively. Among healthcar
Indian Prime Minister Narendra Modi arrived in the United States on Tuesday for a state visit that has been projected as a milestone in ties between the two countries that would deepen and diversify their partnership.
Many stock splits have occurred in recent years, with companies aiming to increase liquidity within shares and erase barriers to entry for potential investors.