Nasdaq, NVIDIA and Dow Jones
Digest more
Tesla Stock Rises. ‘Who Would Not Want Their Own Personal R2-D2?’ Tesla stock rose on Monday after CEO Elon Musk caught up with one of his “true and tested friends” on Friday. Shares of the electric-vehicle maker added 1.1%, closing at $408.92, while the S&P 500 and Dow Jones Industrial Average dropped 0.9% and 1.2%, respectively.
NASDAQ is under strong pressure amid valuation concerns. Tesla, which is down by 7.6%, is the worst performer in the NASDAQ index today. The stock is losing ground as traders rush to take profits off the table.
Stocks recovered from steep losses following the market's worst day in over a month, erasing weeks of gains and pulling back from record highs.
Tesla shares dropped in regular trading ahead of the company's highly anticipated annual shareholder meeting that starts at about 4 p.m. Eastern time. Shares of the electric vehicle maker were down 1.
S&P 500 futures are up 0.1%. Dow Jones Industrial Average futures are down 0.1%. Nasdaq 100 futures are dipping 0.1%. On Tuesday, the Dow Jones Industrial Average rose 218 points, or 0.47%, to 46,925,
Shares of Tesla fell Thursday, a day after the company said its third-quarter profit dropped 37% and that capital spending would ramp up next year. Chief Financial Officer Veibhav Taneja said on the company's earnings call Wednesday that capital ...