Claycomo, Missouri, Ford plant adding third shift, more jobs for Ford Transit line

More than a thousand new union jobs are coming to the Kansas City area as part of a massive $95 million investment announced Thursday by the Ford Motor Co. As part of the company’s strategy to roll out more electronic vehicles and strengthen its Ford Blue portfolio, officials announced more than 6,200 new UAW jobs … Read more

S&P 500, Nasdaq Rise in Volatile Session

Stocks rose Thursday, with all three major US indexes in the green after shaking off earlier losses. The S&P 500 gained 1.4%, while the tech-focused Nasdaq Composite added 2.4%. The Dow Jones Industrial Average was up about 0.9%. Major stock indexes declined Wednesday in a volatile trading session to start the month. Investors have struggled … Read more

Tesla’s Shanghai Plant Still Below Full Capacity. Tesla Stock Is Dropping.

Text size An aerial view of Tesla Shanghai Gigafactory Xiaolu Chu/Getty Images You’re here ‘s Shanghai factories are still not operating at full strength—but that’s not the only reason the EV company’s estimates still look too high. On Tuesday, Bloomberg reported Tesla (ticker: TSLA) will continue to operate its Shanghai facility in a closed-loop setting … Read more

Global Stocks Rise as China Signals Stimulus for Shanghai

International stocks rose Monday, extending a rally that has pared some of this year’s losses, while US markets were closed for the Memorial Day holiday. The Stoxx Europe 600 added 0.6%, led by shares of technology and luxury-goods firms. Germany’s DAX gained 0.8% and London’s FTSE 100 edged up 0.2%. Global markets were boosted by … Read more

Elon Musk Losing Money on Twitter Stock. He Can Still Buy Twitter—If He Wants.

Text size Elon Musk Jim Watson/AFP via Getty Images Elon Musk is sitting on a loss in his Twitter position. The loss is peanuts compared with what’s happened to his You’re here stock. Despite all the red ink, the world’s richest human can still buy Twitter — if he still wants to. Twitter (ticker: TWTR) … Read more

Tech Stocks Drop as Dow, S&P 500 Fall in Volatile Session

US stock indexes moved lower and a selloff in technology stocks deepened as investor concerns about economic growth and rising interest rates continued to weigh on markets. The S&P 500 fell 2% Tuesday afternoon. The Dow Jones Industrial Average lost 1%, while the tech-heavy Nasdaq Composite slid 3.3%. Investors are considering a range of signals … Read more

Stock Market Opens the Week Higher After Nearing Bear Market

US stocks rose in early trading, as the S&P 500 pushed away from bear-market territory after flirting with such levels in a volatile trading session Friday. The broad-market benchmark jumped 1.2% Monday. At one point Friday, the S&P 500 slide so far it was on track to close at least 20% below its January peak—what … Read more

Conditions Are Ripe for a Deep Bear Market

With the S&P 500 briefly on Friday down 20% from its January peak, it is very tempting to start trying to call the end of the selloff. The problem is that only one of the conditions for a rally is in place, that everyone’s scared. That worked beautifully for timing the start of the 2020 … Read more

S&P 500 Drops Into Bear-Market Territory; Stock Market Selloff Continues

A weekslong selloff took on new intensity Friday, sending the S&P 500 tumbling into bear market territory for the first time since the pandemic-driven selloff of 2020. Stocks rose at the open, then reversed course, falling throughout the session. The S&P 500 slumped 1.8%, on track to close at least 20% below its January peak. … Read more