U.S. stocks tumbled to one of their worst days of the year after the Federal Reserve hinted Wednesday it may deliver fewer shots of adrenaline for the U.S. economy in 2025 than earlier thought.The S&P 500 fell 2.9%, just shy of its biggest loss for the year from the summer, to pull further from its…
Yahoo Finance Markets Reporter Josh Schafer breaks down the top market takeaways of the day, including Tesla’s (TSLA) stock performance and what it signals about the broader “Trump trade,” market anticipation for Nvidia’s (NVDA) third-quarter earnings release, and Wall Street’s S&P 500 (^GSPC) targets as they factor in the incoming Trump administration’s potential impact on…
Tesla’s (TSLA) post-earnings stock rally has cost short sellers billions. Tesla short sellers lost $4.2 billion in the two days following the EV maker’s third quarter earnings last Wednesday, according to data from S3 Partners. Tesla reported a higher-than-expected third quarter profit and improved margins after the bell Oct. 23. Those beats helped Tesla stock…