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Stockreport

How Sustainable Is the Current Stock Market Rally? [Yahoo! Finance]

Tesla, Inc. (TSLA)  More Company Research Source: Yahoo! Finance
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
The benchmark index entered a correction for the first time since 2023 last week, a pullback that Treasury Secretary Scott Bessent on Sunday called "healthy" and "normal." Morgan Stanley analysts see a high probability of a short-term relief rally, but warned volatility will remain elevated this year and expressed skepticism about a sustained rebound into a bull market. The S&P 500 ticked higher on Monday amid a broad rally as investors look to recover from the index's first correction in more than a year. The S&P 500 rose 0.6% on Monday after surging 2.1% on Friday, its best daily performance since the day after Donald Trump won re-election. For a second consecutive day, more than 90% of the S&P 500's components closed higher. Notably, big tech largely missed out on Monday's rally. Shares of Tesla ( TSLA ) tumbled nearly 5%, while Nvidia ( NVDA ) slid almost 2%. Alphabet ( GOOG ), Amazon ( AMZN ) and Meta ( META ) also closed in the red, while Apple ( AAPL ) and Microsoft ( [Read more]
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