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Stock Market Today: TSLA, AMZN, Energy Strength

Dow Jones today finished in the green along with the Nasdaq-100, S&P 500 Index or SPX, and Russell 2000. Overall, the stock market closed higher after the worst day in two years. Also, energy commodities like crude oil, gasoline, and natural gas were also up. The crypto product, bitcoin price was down almost 2% and traded in the $19K range. Next, Scott Connor weighs in on stocks that showed strength which included Duke Energy (DUK), Tesla (TSLA), Amazon (AMZN), ConocoPhillips (COP), and Exxon Mobil (XOM). On the other hand, Bank of America (BAC), Freeport-McMoran (FCX), Sherwin-Williams (SHW), Crown Castle (CCI), and American Tower (AMT) showed weakness. Next, Scott Connor weighs in on Evercore ISI double downgrading the Block (SQ) stock to underperform and slashing the price target to $55 from $120. Also, Starbucks (SBUX) sees global comparable store sales growth of 7% to 9% over the next three years. Finally, Connor discusses economic data like MBA Mortgage Applications and Producer

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14 Sep 2022

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