United States stocks close mixed amid falling Tesla shares

Tesla shares slump as US stocks open higher

Tesla shares slump as US stocks open higher

The report comes ahead of Friday's more important Department of Labor jobs data for March.

The data provided reassurance two weeks after the yield curve between three-month Treasury bills and 10-year notes briefly inverted, in what is commonly viewed as a sign of an oncoming recession.

The Dow Jones Industrial Average gained 0.2 per cent to 26,218.13. A Morgan Stanley analyst said the report potentially took the worst case scenario of an entirely new cause off the table. -China trade agreement have lifted the S&P 500 to its highest level since October 9, putting the index only 1.3% below its record closing high.

Analysts pointed to reports that President Donald Trump could announce a summit with Chinese President Xi Jinping as a factor in today's advance.

Major equity indexes in the United States started the day in the positive territory on Friday after this week's most important data from the US showed that nonfarm employment increased more than expected.

Seven of the 11 primary S&P 500 sectors closed higher, with materials up 1.01 per cent, the best-performing group.

Nature Another Grand Canyon tourist has died trying to take a photo
An investigation into the incident is being conducted by the National Park Service and the Coconino County Medical Examiner. A man died while visiting the Grand Canyon on Thursday after he fell off a canyon rim in the national park, officials said.

Tesla shares tumbled 8.2% after the electric carmaker's deliveries fell 31% in the first quarter.

Gains in Facebook and Boeing shares helped push the S&P 500 forward.

FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 4, 2019.

But the Nasdaq snapped a five-day run of gains, as it was pressured by a fall in the shares of Microsoft Corp and Tesla Inc.

US equities ended mixed on Tuesday as the market was in check by a steep sell-off in Walgreens shares.

Recommended News

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.