The S&P 500 fell 1.6%, while the Dow Jones Industrial Average shed 350 points, or 1%. The Nasdaq Composite tumbled 2.5%. Meanwhile, the most notable move following the jobs report came from the bond market, with the yield on 10-year Treasury jumping as much as 7 basis points to near …
Read More »
US stock indexes rose in choppy trading on Thursday led by Tesla and other growth stocks, with investor focus on Microsoft’s forecast cut and comments from a Federal Reserve official ahead of a key jobs report due on Friday.The S&P index recorded one new 52-week high and 29 new lows, …
Read More »
China lockdowns, Russo-Ukraine war/Russo-Western tensions, growth concerns and expectations for central bank tightening have all been cited as hurting sentiment.Aside from strength in energy stocks amid a rebound in oil prices, US equity markets were a sea of red on Tuesday, with the major indices led lower most notably by …
Read More »
Tesla has just reported Q1 results, 2022, and beaten analysts’ expectations on top and bottom lines. For the period ending March 31, 2022 Tesla reported $3.22 earnings per share, and revenue of $18.76 billion.Automotive revenue reached $16.86 billion, up 87% from the same period last year. Automotive gross margins jumped …
Read More »
Markets still hope for an the earnings season that is better than expectations. Robust support is seen with a stronger labour market. The US economy is in great shape from that perspective. Equity markets are expected to rebound. Markets are also looking for them to go back up toward their …
Read More »
Tesla (TSLA) stock gained over 1% in a combination of broad market recovery and follow-on from some strong delivery data last weekend. Tesla however remains on watch for further losses as it has failed to break the previous high and remains in a medium-term downtrend from a technical perspective.Elon Musk …
Read More »
The S&P 500 ended higher on Thursday, with Pfizer and Tesla fueling a late-session rally while investors eyed the war in Ukraine and a potentially more aggressive Fed. Tesla Inc rose 1.2% and Microsoft Corp added 0.6%, helping lift the S&P 500 and provide the Nasdaq a modest gain.Also supporting …
Read More »
The S&P 500 rose for a third day on Monday, as a sharp climb in shares of Tesla overshadowed weakness in energy and bank stocks, while Russia and Ukraine were poised to hold their first face-to-face peace talks in more than two weeks.The S&P energy index (.SPNY), off 2.56%, was …
Read More »
US stocks rose and government-bond yields jumped Tuesday, as investors shook off concerns that rising inflation will drag the nation’s economy into a recession.Tuesday’s moves had all three US indexes up at least 2% for the month so far, building on last week’s gains. The Dow Jones Industrial Average rose …
Read More »
Tesla shares were trading 3.49% higher at $902.05 (Tesla, Inc.’s TSLA +3.88%) late during Friday’s session on the back of a Thursday tweet by CEO Elon Musk seems to be helping the company’s stock. All the tweet said is “working on Master Plan Part 3,” but people who follow the …
Read More »
Noor Trends News, Technical Analysis, Educational Tools and Recommendations
