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Nasdaq Still Gains Despite Tesla Shares Plunging

Ramsey Baker

Summary: A huge drop from Tesla shares has spoiled the market’s comeback rally on Wednesday, stopping the Nasdaq Composite from reaching its session high. Nasdaq was only 0.2% after rallying over 1% earlier in the day. Tesla traded more than 14% lower a day after they reached a record high and rallied by more than 13% ...

A huge drop from Tesla shares has spoiled the market’s comeback rally on Wednesday, stopping the Nasdaq Composite from reaching its session high.

Nasdaq was only 0.2% after rallying over 1% earlier in the day. Tesla traded more than 14% lower a day after they reached a record high and rallied by more than 13% to a record. the Dow Jones Industrial Average grew by 284 points, or 0.9%. The S&P 500 gained 0.7%.

By Ramsey Baker

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