Connect with us


Tesla Swoons as Tech Stock Rout Deepens – The Wall Street Journal

Nasdaq was down modestly but on track to extend losing streak to six sessions



Article feature image

Tech stocks bounced back from their worst open in months Tuesday, after prepared testimony from Federal Reserve Chairman Jerome Powell cooled the rate fears that have fueled a late February rout.
Many major stocks were down, but only modestly so. Tesla Inc. had fallen 5% after dropping as much as 12% in early trading, while the Nasdaq Composite Index was down 1.9% after an early decline of 4% put it on track for its worst day since September. The index is down about 6% from its peak Feb. 12, as…

Click here to view the original article.

Continue Reading

You might also like ...

Article feature image
Top 5 Things to Watch in Markets in the Week Ahead By –
Article feature image
Popular L.A. restaurant Spoon by H closes after high-tech “dine and dash” scheme – CBS News
Article feature image
5 Low-Cost Vanguard Funds for Dividend Income – Motley Fool