Stocks fell to start the week as investors took a pause from last week’s big rally and digested a slew of corporate and economic news. The Dow slid 0.63%. The S&P 500 lost 0.89%. The Nasdaq fell 1.12%.
Stocks are still in a bear market rally and bitcoin could fall as low as $13,900, says Fairlead's Katie Stockton
"What we've had here is a macro shift that's driven this relief rally," she added. "It was really similar to what happened over the summertime, where we saw the S&P 500 peak in mid-August. The 10-year Treasury yields had been correcting ahead of that peak for several weeks.
Bank of America has trimmed its Tesla price objectives citing ongoing issues for the electric automaker industry, including supply chain woes that will hinder any recovery.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Meet Aehra’s New All-Electric SUV Concept That Targets a Whopping 500-Mile RangeThe nascent Italian automaker also plans for its 'ultra-premium' EV to have class-leading aerodynamics.
Read more »
Officers Detain 500 Vehicles, Participants in Alleged Sideshow ActivityPolice officers impounded 19 vehicles and issued 720 citations to residents participating and watching Saturday night sideshows, the San Jose Police Department announced on Sunday.
Read more »
Less than 500 votes separate 2 key S.F. racesJust 272 votes separate two candidates for the San Francisco school board's last open seat.
Read more »
Stock futures fall following the S&P 500's best week since JuneThe S&P 500 rallied 5.9% last week as investors cheered a lighter-than-expected inflation reading.
Read more »
U.S. stocks kick off the week lower, with losses led by tech-heavy NasdaqU.S. stocks opened lower Monday as Treasury yields rose, with all three major equities indexes down after scoring gains last week. The Dow Jones Industrial...
Read more »
S&P 500 Future, yields portray cautious mood as US President Biden hints at tough talks with China’s XiS&P 500 Future, yields portray cautious mood as US President Biden hints at tough talks with China’s Xi – by anilpanchal7 SP500 Futures RiskAppetite YieldCurve China
Read more »