Tesla stock had its best day since Trump won the presidential election. Shares rose almost 12% Monday, handing Tesla its longest winning streak since December and its best four-day stretch since mid-November,
US stocks rallied Monday on targeted tariff hopes, but mixed signals keep Dow Jones and S&P500 traders cautious ahead of April 2 policy moves.
The Dow Jones Industrial Average, one of the two main US blue-chip gauges, fell 260.3 points, or 0.6 per cent, on Tuesday, as investors awaited the outcome of a key Fed meeting due the next day. The technology stocks-heavy Nasdaq Composite gave up the psychologically important 17,
Tesla stock was jumping higher in early trading Monday as the stock tries to snap an ignominious streak. Shares of the electric vehicle maker were up 3.6% in premarket trading at $257.76, while S&P 500 and Dow Jones Industrial Average futures were up 1% and 0.8%, respectively.
Asian markets opened higher on Wednesday after a quiet session on Wall Street as buying slowed after a broad rally the day before fueled by hopes that President Donald Trump’s tariffs may not be as sweeping as earlier feared.
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