Stock Market Update
14-Nov-24 15:00 ET
TSLA, bank stocks fall under profit-taking after election surge
Dow -164.23
at 43793.96,
Nasdaq -98.76
at 19131.98,
S&P -27.00
at 5958.39
[BRIEFING.COM] The market turned lower in recent action with no specific catalyst.
Tesla (TSLA 313.64, -16.57, -5.1%) is falling under profit-taking activity after surging in the wake of the election results. Shares are still higher by nearly 25% since last Tuesday.
Bank stocks are also sliding after benefitting from post-election buying. The SPDR S&P Bank ETF (KBE) sports a 0.5% decline.
