Dow Jones today was up over 2% along with the S&P 500 Index or SPX, Nasdaq-100, and Russell 2000. Some energy commodities that influence inflation like crude oil and gasoline were also higher. The crypto product, bitcoin price was up almost 1% and traded in the $19K level. Stocks that showed strength included Microsoft (MSFT), Apple (AAPL), Amazon (AMZN), Walmart (WMT), Sherwin-Williams (SHW), Exxon Mobil (XOM), and Chevron (CVX). Next, Scott Connor weighs in on Tesla (TSLA) missing electric vehicle deliveries estimates despite record quarter. As a result, the TSLA stock price today was down over 8%. Also, Peloton (PTON) is set to but bikes in every Hilton (HLT) branded hotel. Finally, Connor discusses economic data like PMI Manufacturing and ISM Manufacturing.
03 Oct 2022