Dow Slips 0.61%; Tesla Surges Over 5% to Lead S&P 500
Market Pulse·
- On August 31, US stock indices closed lower overall due to renewed Middle East geopolitical tensions and an FTC antitrust lawsuit against Amazon.
- Tesla shares rose over 5 % ahead of its Cybercab robotaxi launch, while Amazon dropped 2.5 % and Apple announced that CEO Tim Cook will step down after 15 years.
- The S&P 500 fell 0.78 % to 5892.15 points, the Nasdaq declined 1.05 % to 18905.40 points, and the Dow Jones lost 0.61 % to 42195.08 points.
