Tesla Stock Downgraded On ‘Thesis-Changing’ Shift

Apr 18, 2024
tesla-stock-downgraded-on-‘thesis-changing’-shift

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11:01 AM ET

Taiwan Semiconductor slashed through the 10-week line.

11:01 AM ET

Taiwan Semiconductor slashed through the 10-week line.

11:01 AM ET

Taiwan Semiconductor slashed through the 10-week line.

11:01 AM ET

Taiwan Semiconductor slashed through the 10-week line.

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Stock Market Today4/17/2024

Stocks Fall But S&P 500 Holds Key Level; Eli Lilly, Itron, GOOGL In Focus

The 10-year Treasury yield dropped 7 basis points to around 4.59%, but sellers still hit growth stocks hard. Oil fell 3% to around $82.75 a barrel. Eli Lilly initially popped on positive news but couldn’t hold gains; Itron is setting up in a nice base; and Google parent Alphabet is still showing strength with a relative strength line near highs.

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