Cointime

Download App
iOS & Android

Tesla's Global Vehicle Deliveries Fall Short, Market Uncertain About Fed Interest Rate Cut

Tesla's shares dropped by almost 5% after the company's global vehicle deliveries failed to meet expectations. The S&P 500 and Nasdaq Composite also experienced losses, with increased volatility. The market's uncertainty about the possibility of the Fed cutting interest rates soon may be reflected in the fall in equity prices and rise in bond yields. Investors are looking to earnings reports to gain insight into the current economic data, and it is important for them to stick with their long-term objectives and investment plans.

Comments

All Comments

Recommended for you