Reply To: Traders Market Weekly: Memorial Weekend a Time for Reflection

03 Jun '22 at 8:36 am #37939

Participant

Tesla (TSLA 733.08, -42.80, -5.6%) has been an early directional driver after Mr. Musk’s comments about the economy. Many stocks are down in solidarity but Tesla is down quite a bit, by 5.6%.

The consumer discretionary sector (-1.6%) is the weakest of the 11 S&P 500 sectors in the early going, no doubt dragged down by Tesla.

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