Stock Market Reacts to Shutdown Aversion: Dow Jones Drops, Tesla Stock Declines

1 min read
Source: Investor's Business Daily
Stock Market Reacts to Shutdown Aversion: Dow Jones Drops, Tesla Stock Declines
Photo: Investor's Business Daily
TL;DR Summary

The Dow Jones Industrial Average dropped 150 points after the U.S. government averted a shutdown by passing legislation to extend funding through mid-November. Tesla stock also fell after the company reported weaker-than-expected third-quarter deliveries. The stock market is currently in a correction, and investors are advised to hold market exposure in the 0%-20% range. The September job report, expected to show moderate strength, is a key economic report to watch this week.

Share this article

Reading Insights

Total Reads

0

Unique Readers

0

Time Saved

5 min

vs 6 min read

Condensed

93%

1,08772 words

Want the full story? Read the original article

Read on Investor's Business Daily