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How SpaceX Stock Is Impacting Tesla Shares
Barrons.com38d agoneutral
How SpaceX Stock Is Impacting Tesla Shares

SpaceX stock and Tesla shares are doing something surprising: They are rising and falling together. Shares of Elon Musk’s rocket and AI company were down 0.6% in premarket trading at $163.25, while and futures were up 0.1% and 0.2%, respectively. SpaceX stock gained 7.2%, its best day since June 15, which was the second day of trading post-IPO.

Tesla Stock Falls After Big Gains as Auto Industry Wrestles With Copper Prices
Barrons.com38d agobearish
Tesla Stock Falls After Big Gains as Auto Industry Wrestles With Copper Prices

Tesla stock was lower early Tuesday after an epic Monday, as the car industry looks for solutions to rising commodity prices. Tesla stock gained 8.5% on Monday, rising roughly $30 a share, more than wiping out $20-per-share losses of the prior week. Tuesday’s early move came as Reuters reported that several auto makers were using some aluminum wiring instead of copper.

Market Fear Index Falls as Tech Gains Lift Wall Street
Barrons.com38d agobearish
Market Fear Index Falls as Tech Gains Lift Wall Street

Market worries were easing as the Dow Jones Industrial Index moved past the key 52,000 level and fears about U.S.-Iran hostility around the Strait of Hormuz eased. The Cboe Volatility Index, or Vix, fell to 17.57. Stock futures were rising on the three main indexes in Tuesday's premarket with the Dow up 112 points, or 0.2%, the S&P 500 up 0.1% and the tech-heavy Nasdaq-100 rising 0.2%.

Asian stocks unable to track Wall St higher, yen holds at 40-year low
AFP39d agoneutral
Asian stocks unable to track Wall St higher, yen holds at 40-year low

Asian equities fluctuated Tuesday as investors struggled to build on a record day on Wall Street, where tech firms bounced after the hefty selling of the past two weeks, while the yen held around a four-decade low against the dollar."After last week's record selling in big tech, buyers returned to the same names they were throwing overboard only days earlier," said SPI Asset Management's Stephen Innes.

Pinterest (PINS) Stock Trades Up, Here Is Why
StockStory39d agoneutral
Pinterest (PINS) Stock Trades Up, Here Is Why

Shares of social commerce platform Pinterest (NYSE: PINS) jumped 4.4% in the afternoon session after signs of renewed diplomatic talks between the U.S. and Iran boosted investor sentiment. The broader market saw a significant uplift, as the S&P 500 attempted to break a five-day losing streak after a rare losing week. The Dow Jones Industrial Average and the tech-heavy Nasdaq composite also posted gains. This widespread optimism often creates a 'risk-on' environment, where investors are more will

Review & Preview: 52,000
Barrons.com39d agoneutral
Review & Preview: 52,000

After months of waiting, the Supreme Court finally issued a ruling on Monday that rejected Trump’s bid to fire a sitting member of the Federal Reserve. The decision, which was widely expected, didn’t move markets much. The Nasdaq Composite Index closed up 2.1%.

Dow Hits Record as Tech Starts Week Strong
The Wall Street Journal39d agoneutral
Dow Hits Record as Tech Starts Week Strong

The Dow Jones Industrial Average topped 52000 for the first time on Monday, highlighting investors’ increasing demand for stocks at the heart of the American economy. One major contributor was Alphabet which rose 4.8% to lead gains on the Google-parent’s first day as one of the blue-chip index’s 30 components.