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Tag: Tesla Stock

Equity News

Oil And Gold: A Tough Day For Both, Tesla (TSLA) Stock Also Dropped On Its First Day

On Monday, the oil sector remained under pressure from the U.S. Congress still not coming to an agreement on the stimulus plan as well as suffering the impact of new coronavirus wave in the United Kingdom which raised questions about the economic recovery in all parts of the world especially in Europe. In the January Nymex contract, U.S. light crude oil (WTI) dropped -2.77 percent to $47.74 a barrel. In February, the Brent contract for delivery lost -2.58 percent to $50.91 per barrel. On the other end, with strengthening Dollar, Gold for the February Comex futures contract, dropped -0.34 percent

Equity News

U.S. Indices Took A Break On Friday Awaiting Government’s Decision On ‎Support Plan

On Friday, the New York Stock Exchange ended marginally lower, following records in its key indices, which increased throughout the week. As Friday approached (the last deadline before a “shutdown”), talks in the U.S. Congress on a proposed $900 billion budget funding package have escalated, which can continue over the weekend. Another concern surfaced as Washington put the Chinese chip maker SMIC and 60 other Chinese organizations on the blacklist of the Commerce Department. Oil prices, however, kept increasing, with WTI reaching $50 per barrel. At the close, the Dow Jones index fell -0.41% to 30,179 points, while the large

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Tesla (TSLA) Stock’s Surge Remain On Wednesday, S&P 500 Listing News Still Adding

Tesla (TSLA) shares jumped 10.20 percent at the close of trading on Wednesday, up nearly 427 percent since the beginning of the year. The company’s stock kept surging for 2nd day as the S&P Dow Jones Indices on Monday announced plans to include the shares of the electric car manufacturer in the benchmark S&P 500 index in December.  The company’s stock gained 19.25 percent in last 2 trading sessions. In the S&P 500, Tesla may become one of the most valuable firms, and its share in the index may surpass 1 percent. Tesla’s share price was $486.64 at the close