HomeTechSoftwareStock Market Today Was Lower After CPI, Breaking News On Tesla (TSLA)
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Stock Market Today Was Lower After CPI, Breaking News On Tesla (TSLA)

Dow Jones today finished lower along with the Nasdaq-100, Russell 2000, and S&P 500 Index or the SPX. Overall, the stock marked sold off after the CPI report showed inflation being at a 40-year high. In terms of energy products that influence inflation, crude oil, gasoline, and natural gas were in the red. The price of bitcoin saw weakness and was back down to the $29K level. Next, Scott Connor weighs in on the strength in the Walmart (WMT) stock price. On the other hand, stocks that traded lower include JPMorgan Chase (JPM), Bank of America (BAC), Microsoft (MSFT), Apple (AAPL), and Amazon (AMZN). An individual name like DocuSign (DOCU) saw it shares plummeting after their earnings report was released. Also, Netflix (NFLX) stock was downgraded to sell from neutral at Goldman Sachs. News broke that Tesla (TSLA) filed a proxy statement that seeks a 3-for-1 stock split. Finally, Connor discusses other economic data like Consumer Sentiment.

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10 Jun 2022

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