Stock Market Today: Dow, S&P 500 and NASDAQ futures lower
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Tesla Inc. (NASDAQ: TSLA) stock declined 2.89% before the bell on Thursday, as the EV maker missed Wall Street's quarterly earnings per share (EPS) expectations.
A selloff in speculative parts of the stock market turned into a broad market slide on Wednesday. The Nasdaq Composite dropped 0.9%. The S&P 500 fell 0.6%. The Dow Jones Industrial Average dropped 334 points, or 0.7%. All three indexes pared some losses from their lows of the day.
Tesla has the smallest market capitalization of the Magnificent Seven these days, and gets less buzz than Nvidia. But the electric-car maker stands out another way: the value investors place on it, relative to near-term profits.
Tesla, Inc. (NASDAQ:TSLA) shares are in the spotlight on Wednesday ahead of third-quarter earnings, which are due after the market close.
White House East Wing will be torn down fully to make way for Trump ballroom The full East Wing of the White House will be torn down to make way for President Donald Trump's new ballroom, contradicting the former New York real estate magnate's pledge that the project would not interfere with the existing U.