Home HomeSwedenLivingWorld world_2_fill WorldBusiness BusinessSports sports-soccer SportsEntertainmentEntertain

Mixed on the US Stock Exchange – Tesla Increased

The New York stock exchange closed almost unchanged on Tuesday. Best went Nasdaq's composite index, which held itself slightly above zero.

» Updated: 16 July 2024, 14:12

» Published: 09 July 2024

Mixed on the US Stock Exchange – Tesla Increased
Photo: Peter Morgan/AP/TT

The New York stock exchange closed almost unchanged on Tuesday. Nasdaq's composite index performed the best, holding slightly above zero.

Tuesday's trading was sideways. Both the broad S&P 500 and Nasdaq's composite index set records on Tuesday - just like on Monday - but both fell slightly before closing. The S&P 500 was up almost 0.1 percent at the end of the trading day, while Nasdaq increased by slightly more than 0.1 percent.

The industrial-heavy Dow Jones fell by 0.1 percent.

US Federal Reserve Chairman Jerome Powell stated during the day in a speech that he sees risks in keeping interest rates high for too long. However, by the close, the statement had not led to any major market movements.

One of Tuesday's big winners was electric car giant Tesla, which rose by 3.7 percent. Mobile phone accessory manufacturer Corning followed up Monday's success - when the stock rose by 12 percent - with another strong trading day. By the close, the company was up 3.8 percent.

It went worse, among others, for restaurant chain Domino's Pizza, which fell by 4.5 percent.

People
Organisations
TTT
By TTThis article has been altered and translated by Sweden Herald

More news

Increased Support to China's Debt-Ridden Provinces
2 MIN READ

Increased Support to China's Debt-Ridden Provinces

Boeing lays off 10 percent of employees
1 MIN READ

Boeing lays off 10 percent of employees

Wall Street: Banks up – Tesla down
1 MIN READ

Wall Street: Banks up – Tesla down

Higher producer prices than expected in the USA
1 MIN READ

Higher producer prices than expected in the USA

American giant banks exceed expectations
1 MIN READ

American giant banks exceed expectations

The Union Wins Against Tesla in the District Court
1 MIN READ

The Union Wins Against Tesla in the District Court

Northvolt source: 150 million euros secured
2 MIN READ

Northvolt source: 150 million euros secured

Warning to Consumers: Avoid Tesla
1 MIN READ

Warning to Consumers: Avoid Tesla

The Stock Exchange Ended a Negative Week on a Plus
1 MIN READ

The Stock Exchange Ended a Negative Week on a Plus

Self-driving Tesla taxi delayed until at least 2026
2 MIN READ

Self-driving Tesla taxi delayed until at least 2026

Volatile on Asian Exchanges - Down in China
1 MIN READ

Volatile on Asian Exchanges - Down in China

Small movements on the US stock exchange
1 MIN READ

Small movements on the US stock exchange

USA demands answers from Saab regarding Gripen deal
1 MIN READ

USA demands answers from Saab regarding Gripen deal

Apotea is heading for the stock exchange
1 MIN READ

Apotea is heading for the stock exchange

Northvolt CEO: Will pay 287 million kronor according to plan
3 MIN READ

Northvolt CEO: Will pay 287 million kronor according to plan

USA's inflation higher than expected
1 MIN READ

USA's inflation higher than expected

Decreased sales for Ikea
2 MIN READ

Decreased sales for Ikea

Now parents who cheat will be caught
2 MIN READ

Now parents who cheat will be caught

Thedéen hesitates about double rate cut
2 MIN READ

Thedéen hesitates about double rate cut

Decline on the Stockholm Stock Exchange – Saab plummeted
1 MIN READ

Decline on the Stockholm Stock Exchange – Saab plummeted