Stock Market Decline: Dow, S&P 500, and Nasdaq Dip as Tesla and Apple Struggle

Reported 2 days ago

On the first trading day of 2025, the stock market faced declines with the Dow Jones Industrial Average dropping 0.3%, the S&P 500 falling 0.2%, and the Nasdaq Composite slightly decreasing. Tesla's shares slid nearly 6% after reporting its first annual decline in deliveries, while Apple experienced a 2.5% drop amidst rising competition and discount offerings in China. The increase in bond yields and the US Dollar Index's rise to its highest level since November 2022 also contributed to stock market pressures.

Source: YAHOO

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