Thursday, 21 July 2022

Tesla lifts Nasdaq but Dow, S&P fall as AT&T sinks

  • Tesla lifts Nasdaq but Dow, S&P fall as AT&T sinks

    U.S. stocks struggled Thursday as investors took in a basket of mixed earnings following strong results from Tesla and a weaker report from AT&T. Additionally, jobless claims rose by 7,000 to 251,000 and overseas the European Central Bank hiked interest rates by a half percentage point, a larger move than expected. In commodities, oil slipped to the $89 per barrel level, down for a second straight session, as demand concerns outweighed tight global supply.

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