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WEDNESDAY: Tesla CEO Elon Musk sees stocks plummet in the first few minutes. Photo: AP
Stock Exchange
One minute after trading on the New York Stock Exchange, the Nasdaq index fell 0.2 percent to 10,943.90 points, while the Dow Jones stood at 27,406.18 points after a rise of 0.4 percent.
Tesla
On Tuesday, Tesla fell 5.4 percent despite big news expected on the company’s “battery day.” Tesla CEO Elon Musk made it clear on Twitter that “some technologies will not reach high volume of mass production until 2022.”
Shortly after trading on Wednesday, the stock fell another 4.9 percent to $ 403.56.
Updated at 3:54 PM: The stock is down 6.6 percent to $ 396.27.
COVID-19
“Although the mood on Wall Street was good yesterday, uncertainty among investors remains great due to the unresolved Covid-19 situation. As infection rates rise, unemployment worldwide will remain at historically high levels. high, “writes Roger Berntsen in an update from Nordnet.
He believes it is on the cards that large fluctuations in the world’s stock markets will not disappear immediately.
Ingvild Borgen Gjerde of DNB Markets sees several signs that risk appetite among investors did not rebound in line with the surge in stocks in the US yesterday, including that interest rates on US bonds The US government continued to rise and the US dollar continued to strengthen.
