Marketwatch, stock bonds and more!
Major stock indexes have swung to losses on Wednesday afternoon, erasing gains from morning trading.
Tweet on market fluctuation
Major stock indexes have swung to losses on Wednesday afternoon
The S&P 500 was recently down 0.8%.
The Dow Jones Industrial Average lost 224 points, or 0.6%.#stocks pic.twitter.com/P1AGRKPpcy— The_Journalbiz (@the_journalbiz) December 28, 2022
FactSet chart on the markets today
The S&P 500 was recently down 0.8%.
The Dow Jones Industrial Average lost 224 points, or 0.6%.
The Nasdaq Composite shed 1.1%.
The 10-year Treasury yield edged higher to 3.871%
while trending stock today were;
Tesla: The electric carmaker’s stock added 2.8% premarket, recovering some ground after its shares tumbled in regular trading Tuesday. Tuesday’s loss came after the company on Saturday extended a production shutdown in Shanghai, and added to a recent run of losses for the stock.
XPeng: U.S.-traded shares of the Chinese electric vehicle manufacturer ticked up 0.1% premarket after falling earlier in the session. XPeng shares had fallen in Hong Kong, amid a broader selloff in Chinese auto stocks, as Covid-19 outbreaks across China halted vehicle production.
Southwest: Shares of the airline declined 1.1% premarket, as fallout continues from its holiday storm meltdown. On Tuesday, Southwest canceled 65% of its scheduled departures, according to data from FlightAware.
Nvidia: Shares of the chipmaker fell 0.3% premarket, putting it on pace to extend a recent stretch of losses. Nvidia stock has fallen in eight of the last nine trading sessions, amid waning consumer demand for its videogaming chips.
