How Tesla’s 7% Stock Drop Shows Dow Jones Isn’t in the Clear

The stock price of Tesla has dropped by 7.14 percent in pre-market following the release of CEO Elon Musk’s letter. The struggle of the car marker demonstrates the lack of fundamentals in the U.S. stock market which may lead to the decline of the Dow Jones. Over the past week, several analysts including Morgan Stanley The post How Tesla’s 7% Stock Drop Shows Dow Jones Isn’t in the Clear appeared first on CCN

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Dow Claws Back into the Green, But Apple Shares Plunge in After-Market Trading

The Dow Jones Industrial Average and other major US stock indices closed in the green on Wednesday following another day of the sort of volatile trading that Allianz Chief Economic Advisor Mohamed El-Erian predicted will be the “new reality” for the stock market. The Dow closed 18.78 points higher to end the first trading session The post Dow Claws Back into the Green, But Apple Shares Plunge in After-Market Trading appeared first on CCN

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Dow Jones Near Bear Market Territory, Why White House Failed to Ease Investors

This week, the Dow Jones recorded a steep sell-off from 23,970 points to 21,846 points, amidst global economic instability and uncertainty. Since achieving an all-time high at 26,828 points on October 3, the Dow Jones has fallen by 5,036 points to 21,792 points, by 18.77 percent. In the traditional financial market, a 20 percent decline … Continued The post Dow Jones Near Bear Market Territory, Why White House Failed to Ease Investors appeared first on CCN

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Nasdaq in Bear Market With 20% Drop, Dow Jones Worst Week Since 2008

The Nasdaq is in a bear market. On December 23, the Nasdaq Composite fell to a new yearly low at 6,332 points, as stocks and securities listed on the exchange plummeted in value. A bear market is commonly referred to as a 20 percent drop from a market, index, or asset’s all-time high. Since its The post Nasdaq in Bear Market With 20% Drop, Dow Jones Worst Week Since 2008 appeared first on CCN

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