Wall Street opened mixed – Tesla shares rise due to Bloomberg’s news

Wall Street opened mixed on Monday. At the start of trading, the broad US stock market index S&P 500 was at the level of Friday’s closing reading.

The Dow Jones, which follows thirty large companies, was down 0.2 percent and the Nasdaq, which consists of shares of technology companies, was up 0.1 percent.

The star of the semiconductor industry Nvidia’s the stock was down 2.3 percent at $138.72. The company will announce its interim report on Wednesday.

According to the news agency Bloomberg, the background of the bill is the news from the media house Information, according to which problems have been detected in the company’s new Blackwell processors.

Making electric cars Tesla’s the stock was up 5.9 percent at $339.59. Bloomberg reports, citing anonymous sources, that the president-elect Donald Trump federal level regulation for self-driving cars is planned as the top project of the Ministry of Transport.

Uutismedia CNBC got no confirmed news.

CEO of Tesla Elon Musk was pushing hard for Trump for president and has made several public appearances with him recently. Tesla aims to produce self-driving cars and robot taxis.

Trump has announced that Musk will lead the new organization along with a Republican Vivek Ramaswamyn with. The organization’s goal is to make the federal government more efficient, for example, in terms of regulation and employees.

Source: www.arvopaperi.fi