U.S. Stocks Open Lower on Tuesday; Tesla Stock Gains Another 2%

Tiger Newspress01-30

US stocks dipped Tuesday morning as investors analyzed the latest corporate earnings with the Federal Reserve policy meeting on the horizon. Traders also awaited results from major tech companies.

Tesla shares gained another 2.3% in morning trading Tuesday after jumping more than 4% yesterday. Cathie Wood’s Ark Invest bought $66M worth of the EV maker's shares last week. Tesla expected capex spending to exceed $10B this year.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment