Wall Street equities were in the red on Monday with Nasdaq leading declines as investors worried the Federal Reserve's monetary policy tightening campaign could push the U.S. economy into a recession.
Consumer stocks were trending downward in Monday trading, with the Consumer Staples Select Sector SPDR Fund (XLP) and the Consumer Discretionary Select Sector SPDR Fund (XLY) both falling more than 1%.
U.S. stock indexes fell on Monday, led by shares of Tesla and other megapcap companies, as investors feared that the Federal Reserve's monetary policy tightening campaign could push the U.S. economy into a recession.
The Invesco Russell 1000 Equal Weight ETF is seeing unusually high volume in afternoon trading Monday, with over 272,000 shares traded versus three month average volume of about 50,000. Shares of EQAL were off about 1% on the day.
Tesla's (NASDAQ: TSLA) stock price is down big in 2022 as the electric car company faces rising competition. Is this stock price crash an overreaction by investors?
The S&P 500 and the Nasdaq slipped on Monday, adding to the market's recent string of losses, on worries that rising U.S. interest rates will hurt economic growth, while Tesla's shares struggled after a poll called for Elon Musk to quit as Twitter's CEO.
The stock market has been on edge over the past several days, and Monday didn't seem to bring a lot of clarity in a difficult economy. The Nasdaq Composite (NASDAQINDEX: ^IXIC) kept declining shortly after the opening bell on Monday morning, failing to recapture any of its losses
Senator Elizabeth Warren on Monday raised concerns Tesla Inc's board of directors failed to meet its legal responsibility to protect the company and shareholders in the aftermath of Chief Executive Elon Musk's acquisition of Twitter, and questioned the reported use of Tesla employees at the social media company.
Electric carmaker Tesla could announce the construction of a "Gigafactory" in the northern Mexican state of Nuevo Leon as soon as Friday, with an initial investment of between $800 million and $1 billion, local newspaper Reforma reported Monday.
Wall Street's main stock indexes were subdued at the open on Monday after two straight weeks of losses on recession worries, while Tesla shares rose after a poll showed Elon Musk should quit as Twitter's CEO.
Electric carmaker Tesla could announce the construction of a "Gigafactory" in the northern Mexican state of Nuevo Leon as soon as Friday, local newspaper Reforma reported Monday.
Democratic Senator Elizabeth Warren on Monday raised concerns Tesla's board of directors has failed to meet its legal responsibility to protect Tesla in the aftermath of Tesla Chief Executive Elon Musk's acquisition of Twitter.
Consumer stocks were mixed pre-bell Monday. The Consumer Staples Select Sector SPDR Fund (XLP) was down 0.1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) was climbing by 0.2% recently.
Wall Street's main stock indexes were set to open slightly higher on Monday after two straight weeks of losses on recession worries, while Tesla shares rose after a poll showed Elon Musk should quit as Twitter's CEO.
The NASDAQ 100 Pre-Market Indicator is up 23.01 to 11,266.73. The total Pre-Market volume is currently 30,343,199 shares traded.The following are the most active stocks for the pre-market session: ProShares UltraPro QQQ (TQQQ) is +0.12 at $19.18, with 4,281,374 shares traded. Th
German prosecutors are looking into allegations that Tesla has been operating a hazardous materials storage facility at its German site without the required authorization, local prosecutors said in a statement on Monday.
U.S. stock index futures edged higher on Monday after equities suffered two straight weeks of losses, while Tesla shares rose after CEO Elon Musk launched a poll asking if he should quit as Twitter's boss.
A poll by Elon Musk on whether he should quit as Twitter CEO showed the majority of users of the social media platform who took part voted in favor of the move, after the poll ended on Monday.
The Invesco Dynamic Large Cap Growth ETF (PWB) was launched on 03/03/2005, and is a smart beta exchange traded fund designed to offer broad exposure to the Style Box - Large Cap Growth category of the market.