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US Stock Market Highlights: S&P 500 closes decrease as Tesla shares tumble, traders weigh Trump-Xi discuss

HomeMarket FilesUS Stock Market Highlights: S&P 500 closes decrease as Tesla shares tumble, traders weigh Trump-Xi discuss

US Stock Market Highlights: The S&P 500 slipped 0.fifty three% on Thursday (June 5) to shut at 5,939.30, weighed down by a interesting decline in Tesla shares. The Nasdaq Composite dropped 0.83% to raise out at 19,298.forty five, while the Dow Jones Industrial Reasonable shed 108 parts, or 0.25%, ending at 42,319.74. Tesla used to be the largest inch on the session, plunging more than 14% and falling below its trillion-buck market cap.

US Stock Market Highlights: S&P 500 closes decrease as Tesla shares tumble, traders weigh Trump-Xi discuss

US Stock Market Highlights:  The S&P 500 slipped 0.fifty three% on Thursday (June 5) to shut at 5,939.30, weighed down by a interesting decline in Tesla shares. The Nasdaq Composite dropped 0.83% to raise out at 19,298.forty five, while the Dow Jones Industrial Reasonable shed 108 parts, or 0.25%, ending at 42,319.74. Tesla used to be the largest inch on the session, plunging more than 14% and falling below its trillion-buck market cap. The tumble got right here after ragged President Donald Trump said he used to be “very upset” with CEO Elon Musk, hinting at the probability of reducing authorities contracts with Musk-led firms. Musk spoke back on X, claiming that “with out me, Trump would possess misplaced the election,” escalating the public spat.

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