Elon Musk’s Tesla, once hailed as the vanguard of the electric vehicle revolution, is facing mounting doubts about its ability to sustain growth and maintain its dominance in the increasingly competitive EV market. With its shares down 32 percent since January, the electric vehicle giant is the worst performing stock in the S&P 500 so far this year.
Investors rethink the post-Fed rally.
Tesla will be added to the S&P 500 index on December 21 in a single step despite concerns that the move could impact the U.S. stock market. Tesla CEO Elon Musk made $100 billion in 2020 alone, making him the world’s second-richest man.
Stocks are closing out their best year since 2013 led by huge gains in technology stocks.
In the fall of 2017, House Republican leaders were quietly expressing concern that Trump should not place any “arbitrary deadlines” on passing the tax cuts and reform bill.
The U.S. stock market shrugged off the impending impeachment vote Wednesday morning, pushing major U.S. stock indexes to record highs. The S&P 500 moved up to 3198 to set a new high in the first hour of trading Wednesday morning.
Fears of a recession have largely abated as consumer spending has remained robust and corporate earnings outperformed expectations.
Trump’s tweet promising to release the transcript of his conversation with Ukraine’s leader sent stocks up from their lows.
Stocks suffered their biggest sell-off of the year Monday Chinese retaliation against new U.S. tariffs escalated.
The Dow Jones Industrial Average had its best June since 1938 and the S&P its best first half since 1997.
A big bounce after Monday’s big stock sell-off.
NEW YORK (AP) — The #MeToo movement fighting sexual misconduct had already claimed one of Hollywood’s top movie moguls in Harvey Weinstein. Now it has done the same for Leslie Moonves, one of the television industry’s most powerful executives.
Investors were cheered by signs that the Trump administration’s trade policies appear to be producing cooperation and compromise rather than sparking a trade war.
Despite inflation data showing prices rising faster than expected, stocks rose on Wednesday and economists reduced Q1 GDP estimates.
Monday’s gains were spread widely through the market with 10 of the 11 S&P sectors up. The energy sector saw the best performance of the day, boosted by rising energy prices.
In a wild end to a wild week in the stock market, the Dow Jones Industrial Average stocks fall by as much 500 points only to soar later.
Just when you thought it was safe to go back into the stock market again, stocks are falling again Thursday.
The Dow is down by around 3.6 percent for the week, making this the worst week for stocks since January 2016.
Markets are off to a roaring start for the year, climbing the wall of worry about frothy valuations to even higher levels.
The Dow Jones Industrial Average achieved yet another milestone Wednesday, hitting 22,000 for the first time in history.
Best Buy soars 21%.
The Dow Jones Index had its best week since 2011, when it rose approximately 5.4 percent after President-elect Donald Trump’s election victory.
Wall Street traders booed Hillary Clinton on the floor of the New York Stock Exchange during her concession speech to President-elect Donald Trump Wednesday.
With the new letter by Director James Comey released Sunday stating the FBI has reviewed Anthony Weiner’s laptop and concluded it will still not recommend prosecuting Hillary Clinton for her private email server, the value of the Mexican peso jumped for joy.
Reuters reports: “Wall Street tumbled on Wednesday, with the S&P 500 hitting its lowest since February 2014 and deepening this year’s selloff as oil prices plummeted unabated.”
