HomeTechHardwareStock Market Today: AAPL, ON Strength & TSLA, SI Weakness

Stock Market Today: AAPL, ON Strength & TSLA, SI Weakness

The Dow Jones ended down, while the S&P 500, Nasdaq-100, and Russell 2000 closed higher. Seven of the eleven S&P 500 sectors closed higher with real estate, tech and utilities leading the way. Apple (AAPL) closed higher after Wedbush raised its price target to $190 from $180 and analyst Dan Ives said he is seeing signs of improvement in the supply chain for the iPhone. ON Semiconductor (ON) was the top performer in the S&P 500 today after BofA raised its price target to $100 from $90. Tesla (TSLA) closed lower after Berenberg downgraded it to hold from buy. Tesla also saw news from the U.S. National Highway Traffic Safety is opening a special investigation into the Model Y vehicle after getting two complaints that steering wheels can fall off. Silvergate Capital (SI) plunged after the company announced it would be winding down operations and voluntarily liquidating its assets. Tune in to find out more about the stock market today.

08 Mar 2023

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