Stocks Struggle as Tesla Soars on Positive Forecast

Reported 15 days ago

On Monday afternoon, major stock indices are experiencing a downturn as the market awaits Federal Reserve Chair Jerome Powell's speech and upcoming Personal Consumption Expenditures data. Conversely, Tesla shares have surged following Barclays' optimistic prediction of the automaker's third-quarter vehicle deliveries, which are expected to reach 470,000, surpassing Wall Street's estimate of 461,000.

Source: YAHOO

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