U.S. stock indexes fell on Monday after better-than-expected service-sector activity added to jitters that the Federal Reserve might continue to hike interest rates for longer, while shares of Tesla slid on reports of a production cut in China.
Editor's note: The Reuters article reporting that two people in the know had claimed that Tesla would likely cut production of its Model Y mass-market SUV by more than 20% in December has been updated to note that in response to Reuters' request for comment a "Tesla representativ
It’s very early in a new trading week, but this is no way to sustain a holiday-season stock-market rally. Last week, we saw indices all moving higher — from +0.67% on the Dow to +1.72% on the S&P 500 and +2.43% on the Nasdaq. But this morning, market participants are
Wall Street's main indexes fell on Monday after better-than expected service-sector activity added to jitters that the U.S. Federal Reserve might continue on its aggressive policy tightening path despite fears of a recession next year.
Monday, December 5, 2022It’s very early in a new trading week, but this is no way to sustain a holiday-season stock-market rally. Last week, we saw indices all moving higher — from +0.67% on the Dow to +1.72% on the S&P 500 and +2.43% on the Nasdaq. But this morning,
In early trading on Monday, shares of Baidu topped the list of the day's best performing components of the Nasdaq 100 index, trading up 3.2%. Year to date, Baidu has lost about 21.1% of its value.
In early trading on Monday, shares of MGM Resorts International topped the list of the day's best performing components of the S&P 500 index, trading up 3.8%. Year to date, MGM Resorts International has lost about 14.2% of its value.
Motley Fool contributor Zane Fracek talks about the Tesla (NASDAQ: TSLA) Supercharger network and the huge moat it adds to Tesla stock. Check out the full video to see why Tesla charging could be a hidden gem for this EV company.
Wall Street's main indexes were set to open lower on Monday as investors awaited more data, including a report on the services sector, to gauge the Federal Reserve's next move at its rate-setting meeting later this month.
ChargePoint (NYSE: CHPT) posted its latest earnings report on Dec. 1. For the third quarter of fiscal 2023, which ended on Oct. 31, the electric vehicle (EV) charging network operator's revenue rose 93% year over year to $125 million but still missed analysts' estimates by $7 mil
Wall Street prepared for a slightly lower open on Monday morning, as investors seemed ready to take a pause after a solid performance last week. Stock market futures were down about half a percent, falling back from gains that had taken the S&P 500 to its best levels since th
The NASDAQ 100 Pre-Market Indicator is down -41.53 to 11,952.73. The total Pre-Market volume is currently 35,764,158 shares traded.The following are the most active stocks for the pre-market session: NIO Inc. (NIO) is +0.94 at $14.07, with 4,285,882 shares traded. As reported by
U.S. stock index futures fell on Monday as investors awaited more data, including a report on the services sector, to gauge the Federal Reserve's next move at its rate-setting meeting later this month.
The bear market has mauled technology stocks over the past year, as investors sought safe havens to ride out the macroeconomic headwinds. Wall Street has struggled with near 40-year-high inflation, relentless interest rate hikes, and the potential for an even steeper downturn nex
Robinhood (NASDAQ: HOOD) isn't the hotbed of activity that it used to be. The stock market downturn caused the trading platform's sizzle to fizzle quite a bit.
Top European Union officials are aiming to be more vocal at a trade meeting with their U.S. counterparts on Monday in their criticism of President Joe Biden's climate law that would cut off the bloc's electric vehicles from U.S. tax credits.
Tesla plans to cut December output of the Model Y at its Shanghai plant by more than 20% compared to November, two people with knowledge of the matter said on Monday.
Tesla has cut December output of the Model Y at its Shanghai plant by more than 20% compared to November in its latest production plan, said two people with knowledge of the matter.
Top European Union officials intend to complain loudly to their U.S. counterparts at a trade meeting on Monday about the bloc's electric vehicles being cut off from tax credits in U.S. President Joe Biden's signature climate law.