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Stock Market Today: COIN, TSLA, Bitcoin Lower Amid Overall Weakness

Dow Jones today finished lower along with the S&P 500 or SPX, Nasdaq-100, and Russell 2000. Overall, the stock market plunged. Commodities like gasoline, natural gas, and gold also traded down. The crypto product, bitcoin price was down significantly and reached the $23K level. Next, Scott Connor weighs in on weakness in Amazon (AMZN), Tesla (TSLA), Exxon Mobil (XOM), and Chevron (CVX). An individual name, Coinbase (COIN) stock price fell 11% amid the bitcoin drop. Also, Tesla (TSLA) shares fell 7% amid the overall stock market performance. Elon Musk stated that this would be a tough quarter for the company with supply chain issues and less production in China.

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13 Jun 2022

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