Reported 1 day ago
On October 7, 2025, the S&P 500 fell by 0.4%, driven by declines in major tech stocks like Tesla and Ford. Tesla shares dropped nearly 5% after unveiling lower-priced models that didn't meet market expectations, while Ford's stock fell approximately 6% due to operational disruptions from a fire at an aluminum plant. In contrast, Advanced Micro Devices (AMD) saw a significant 3.8% increase following its extended partnership with OpenAI, building on a substantial previous gain. Other tech stocks, including those in the semiconductor sector, experienced downturns as overall market performance weakened.
Source: YAHOO