Wall Street sank deeper into a bear market on Tuesday, with
the S&P 500 hitting a two-year intraday low as Federal Reserve
policymakers showed an appetite for more interest rate hikes,
even at the risk of throwing the economy into a downturn.
What happened
Shares of Tesla (NASDAQ: TSLA) were trading up over 4% earlier this morning before giving back those gains by early afternoon. As of 12:14 p.m. ET, the stock was up 1.37%.
Electric vehicle stocks have been on the rise in recent years as the global market for EVs has grown. EV sales are expected to continue to grow in the coming years, and EV stocks could be positioned well to capitalize on this industry’s growth. As a result, we’re seei
Wall Street's main indexes sank deeper into a bear market on Tuesday as an early rally in stocks faltered after Federal Reserve policymakers advocated more interest rate hikes even at the risk of slowing economic growth.
Elon Musk is scheduled to be questioned under oath by Twitter Inc lawyers on Oct. 6-7 as the social media company prepares for a trial next month over the billionaire' s bid to walk away from a $44 billion takeover, according to a Tuesday court filing.
For investors with a long-term focus, the 2022 bear market provides plenty of buying opportunities. High-quality businesses like Visa and Alphabet are trading at discounted earnings multiples for the first time in years (if you exclude the brief March 2020 market collapse). At th
Wall Street's main indexes rose for the first time in six sessions on Tuesday, with megacap growth stocks doing most of the heavy lifting following a bruising selloff on worries of a rate-hike induced economic slowdown.
Elon Musk is scheduled to be questioned under oath by Twitter Inc lawyers on Oct. 6-7, a court filing said Tuesday, as the social media company prepares for an Oct. 17 trial over the billionaire's bid to walk away from his $44 billion takeover.
Wall Street was headed for a higher open on Tuesday after five sessions of relentless selling on worries of a rate-hike induced economic slowdown, which saw its main indexes slip deeper into a bear market.
U.S. stock index futures jumped about 1% on Tuesday, following a bruising selloff over the last few sessions on rate-hike induced recession fears that confirmed the Dow has been in a bear market for most of this year.
Tesla plans to hold production at its Shanghai plant at about 93% of capacity through the end of year, despite a recent upgrade, two people with knowledge of the matter said, in a rare move for the U.S. maker of electric vehicles.
Cathie Wood favors the stocks of companies with disruptive potential. And several disruptors have conducted stock splits this year. As a result, Wood's ARK Invest exchange-traded funds (ETFs) have significant positions in some of the highest-profile stock-split stocks of 2022.
Typically, when someone needs to buy a new car, the first thing they do is fire up the computer and start shopping online. From there, they can decide on the make, model, options, and whether the price suits their budget. Traditionally, the next step is to make the journey down
U.S. stock index futures rebounded on Tuesday, following a bruising sell-off over the last few sessions on rate-hike induced recession fears that confirmed the Dow has been in a bear market for most of this year.
In the latest trading session, Tesla (TSLA) closed at $276.01, marking a +0.25% move from the previous day. This move outpaced the S&P 500's daily loss of 1.03%. Elsewhere, the Dow lost 1.11%, while the tech-heavy Nasdaq lost 0.12%.
Wall Street slid deeper into a bear market on Monday, with the S&P 500 and Dow closing lower as investors fretted that the Federal Reserve's aggressive campaign against inflation could throw the U.S. economy into a sharp downturn.
Wall Street slid deeper into bear market territory on Monday, with the S&P 500 and Dow closing lower as investors fretted that the Federal Reserve's aggressive campaign against inflation could throw the U.S. economy into a sharp downturn.
Wall Street's main indexes extended declines on Monday as investors continued to fret about the Federal Reserve's aggressive policy tightening and its impact on the U.S. economy.
Billionaire Elon Musk's tendency to dish out insults while being questioned under oath will be tested anew on Monday, when lawyers for Twitter Inc are due to interview the Tesla Inc CEO about his abrupt decision in July to ditch his $44 billion deal for the social media company.