Tesla Falls Again As Tech Stocks Plunge, S&P Extends Longest Losing Streak Since Stock Market Crash

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Tesla falls again as tech stocks plunge and the S&P extends its longest losing streak since the stock market crash

Down for a sixth-straight day on Tuesday, the S&P 500 is extending its longest losing streak since the market crash in February as technology stocks continue to plunge amid rising bond yields–a bearish indicator for investors worried the stock market's booming rally could come to an end.... [+]Shortly after the market open, the Dow Jones industrial average, which has remained roughly flat near peak levels in recent days, ticked up 24 points, or less than 0.

Hard-hit cyclical stocks, meanwhile, are heading up gains, with entertainment giant Live Nation climbing 5% and energy firms Marathon Oil, Pioneer Natural and ConocoPhillips all up nearly 5%.

 

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Elon, You told Tesla will rich 1000$ in March! Dou you really believe?

Lols

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