Tesla Stock

Key events:

Key events: USA - JOLTS Job Openings (Oct) The S&P 500 and Nasdaq began December on a strong note, hitting fresh record highs following a remarkable November. The S&P 500 gained 0.2%, closing at a historic 6,046.3, while the Nasdaq surged 1% to end at 19,403.58, another record. In contrast, the Dow Jones Futures dipped 0.29%, shedding 128 points in the session.

Key events: Eurozone - ECB McCaul Speaks USA - Durable Goods Orders (MoM) (Sep) USA - Michigan Consumer Sentiment (Oct) On Thursday, the S&P 500 broke a three-day losing streak, driven by Tesla’s strong performance following its better-than-expected quarterly results. Tesla shares soared by 22%, marking its best single-day gain in over ten years, as investors responded positively to the company’s robust growth outlook.

Key events: USA - US Leading Index (MoM) (Sep) USA - FOMC Member Kashkari Speaks The S&P 500 and Dow Jones Industrial Average hit new highs as investors processed a fresh round of corporate earnings. The Dow rose by 37 points (0.1%) to close at 43,275.91, while the S&P 500 climbed 0.4% to a record 5,864.67. The NASDAQ Composite gained 0.6%. These positive movements followed stronger-than-expected earnings reports, creating a more optimistic outlook as major technology companies are set to release their results.

Key events: USA - Initial Jobless Claims USA - S&P Global Services PMI (Sep) USA - ISM Non-Manufacturing PMI (Sep) USA - ISM Non-Manufacturing Prices (Sep) On Wednesday, the Dow Jones eked out a slight gain, supported by stronger jobs data, though rising tensions in the Middle East tempered the upside. The Dow Jones Industrial Average increased by 39 points, or 0.1%, while the S&P 500 index remained flat, and the NASDAQ Composite added 0.1%.

Key events: Japan - BoJ Interest Rate Decision UK - BoE MPC Member Mann Speaks Canada - BoC Gov Macklem Speaks Eurozone - ECB President Lagarde Speaks USA - FOMC Member Harker Speaks The S&P 500 surged to close above 5,700 for the first time ever on Thursday, fueled by gains in the tech sector, a day after the Federal Reserve kicked off its rate-cutting cycle with a significant 0.5% reduction.

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Key events: USA - Durable Goods Orders (MoM) (Jun) USA - GDP (QoQ) (Q2) USA - Initial Jobless Claims The S&P 500 experienced a significant decline on Wednesday, marking its largest one-day loss since 2022, as tech stocks plummeted following disappointing second-quarter earnings from Alphabet and Tesla. The S&P 500 fell 2.2%, the steepest drop since December 15, 2022. The NASDAQ Composite slid 3.6%, and the Dow Jones Industrial Average dropped 504 points, or 1.3%.

Key events: USA - S&P Global US Manufacturing PMI (Jul) USA - S&P Global Services PMI (Jul) Canada - BoC Interest Rate Decision USA - New Home Sales (Jun) USA - Crude Oil Inventories The S&P 500 closed lower on Tuesday amid cautious trading ahead of quarterly earnings from major tech companies. The Dow Jones Industrial Average fell 57 points, or 0.1%, while the S&P 500 dropped 0.2%, and the NASDAQ Composite declined 0.1%.

Key events: Eurozone - ECB's Lane Speaks Eurozone - Eurogroup Meetings Canada - New Housing Price Index (MoM) (Jun) USA - Existing Home Sales (Jun) The S&P 500 surged on Monday, led by a tech stock rebound spearheaded by Nvidia, following recent weakness, as investors anticipated quarterly earnings reports from major tech companies this week.