Stock market live updates: Nvidia leads chips, Tesla volatile again, Utilities all-time high

Elon Musk, co-founder and chief executive officer of Tesla Inc., speaks during an unveiling event for the Boring Co. Hawthorne test tunnel in Hawthorne, California, U.S., on Tuesday, Dec. 18, 2018.11:58 am: Markets at midday: Stocks little changed, but headed for strong weekly gains

The major stock averages were trading around the flatline at midday ET, but were on pace to notch back-to-back weekly gains. The S&P 500 and Dow Jones Industrial Average are up at least 1% week to date while the Nasdaq has risen around 2%. The weekly gains come as investors digested strong corporate earnings while grappling with the uncertainty around the coronavirus.

Asian stocks have regained most of their losses from the coronavirus scare, but Goldman's Timothy Moe thinks investors may be too optimistic about further gains in those names. He cited three reasons why investors should temper expectations: high valuations relative to other outbreaks, a "less supportive" macro environment for a "strong market rally" and declining earnings estimates for 2020.

Thicc Musk

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market live updates: Dow futures negative, Tesla volatile again, Nvidia soarsLive updates of what's moving the market, including the latest on Tesla and the coronavirus.
Source: CNBC - 🏆 12. / 72 Read more »

Stock market live updates: Dow up 200, Charlie Munger comments on Tesla and moreStock market live updates: “I would never buy [Tesla] and I would never sell it short...I think Elon Musk is peculiar and he may overestimate himself, but he may not be wrong all the time,” Charlie Munger said. .....ok then. Probably same reason these guys didn’t buy Google and now regret it He's protected with subsidies so I'm not impressed.
Source: CNBC - 🏆 12. / 72 Read more »

Stock market live updates: Dow futures drop 200, all eyes on TeslaLive updates of what's moving the market, including the latest on the coronavirus, Tesla and Cisco Systems. ripple my nipple
Source: CNBC - 🏆 12. / 72 Read more »

Tesla shares fall after company announces $2 billion common stock offeringTesla will offer $2 billion of common stock, with Elon Musk buying as much as $10 million. Shares of $TSLA slid in premarket trading following the announcement. Charlatans TSLa, Muskrat, CNBC Constant Nasdaq Bullish Charlatans BOOM! And there it is Charlatans This is the way Musk should have done it long before
Source: CNBC - 🏆 12. / 72 Read more »