The S&P 500 rose 0.1% as of 10:12 a.m. Eastern. The Dow Jones Industrial Average rose 12 points, or less than 0.1%, to 33,257 and the Nasdaq rose 0.2%.
Investors are in the middle of a mostly quiet and holiday-shortened week. Markets were closed on Monday for the observed Christmas holiday and there are no major economic reports expected this week. Tesla rose 2.3% as it rebounded from steep losses it suffered after reports Tuesday that it temporarily suspended production at a factory in Shanghai.Southwest Airlines shed 2.5% as the carrier's dramatic trouble with flight cancellations continued.
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Wall Street dips as growth stocks drag on S&P 500, NasdaqWall Street was mostly lower at the beginning of a holiday- shortened week on Tuesday as investors weighed the likelihood of protracted restrictive Fed policy against China's relaxation of its strict zero-COVID rules. Mohammad_moradi,who was living and studying in Lyon,France,drowned himself in a river to stand with Iranian protesters and to raise awareness of all the torturers,murders and rapes IR is causing to Iranians. he said:“I'd rather die than live in disgrace“ please spread his words. Mohammad_moradi,who was living and studying in Lyon,France,drowned himself in a river to stand with Iranian protesters and to raise awareness of all the torturers,murders and rapes IR is causing to Iranians. he said:“I'd rather die than live in disgrace“ please spread his words. Mohammad_moradi,who was living and studying in Lyon,France,drowned himself in a river to stand with Iranian protesters and to raise awareness of all the torturers,murders and rapes IR is causing to Iranians. he said:“I'd rather die than live in disgrace“ please spread his words!
Source: Reuters - 🏆 2. / 97 Read more »
Stocks mostly fall on Wall Street, adding to recent lossesStocks were mostly lower Tuesday afternoon after the long holiday weekend, adding to the market’s recent losses as Wall Street counts down its final days of trading in 2022 after a painful year for investors.
Source: chicagotribune - 🏆 8. / 91 Read more »
Wall Street's dirty secret: It's terrible at forecasting stocks | CNN BusinessNo major analysts predicted last December that this year would (likely) be the worst for US stocks since 2008, oil prices would shoot from $70 to $130 and then careen back to $70, and that the Fed would announce four straight historic interest rate hikes I knew it was going to happen because...Biden. Well... your definition of 'major analyst' like 'medial expert' or 'political expert' is generally terrible, so no wonder your sources got it wrong, they get everything wrong Must be all that 'winning' from pedo peter
Source: CNN - 🏆 4. / 95 Read more »