Short sellers make $15 billion betting against the stock

Düsseldorf The fall in the price TeslaShare is one of the biggest stories of fiscal 2022: Since the beginning of the year, shares in the electric car maker have lost almost two-thirds of their value, just before Christmas they reached their lowest level since September 2020 at $121.02. Tesla shares also fell again in early … Read more

US stock exchanges close slightly in the black – Tesla shares lose value again

Düsseldorf According to new economic data, the US stock exchanges closed slightly higher on the last trading day before Christmas. The Dow Jones index of standard values ​​closed 0.5 percent higher at 33,203 points on Friday. The tech-heavy Nasdaq advanced 0.2 percent to 10,497 points. The broad one S&P 500 increased 0.6 percent to 3844 … Read more

Wall Street closes in the red

Düsseldorf Surprisingly good US economic data have fueled fears of interest rate hikes and pushed Wall Street into the red. The Dow Jones index of standard values ​​closed 1.1 percent lower on Thursday at 33,027 points. The tech-heavy Nasdaq fell 2.2 percent to 10,476 points. The broad one S&P 500 lost 1.4 percent to 3822 … Read more

Wall Street closes sharply in the red – hopes of rate cuts dampened

Frankfurt Muted hopes of an end to US interest rate hikes continued to weigh on Wall Street. The Dow Jones lost 2.3 percent to 33,202 points. The tech-heavy Nasdaq fell 3.2 percent to 10,810 and the broader S&P 500 fell 2.5 percent to 3,895. Fed Chair Jerome Powell raised fears of a prolonged cycle of … Read more

Florida, Missouri and Louisiana siphon billions from BlackRock over ESG strategy

Blackrock The wealth manager is under pressure to focus more on ESG criteria. (Photo: Reuters) New York In the dispute over the ESG criteria of wealth managers, Florida has announced as another US state that it will withdraw funds from BlackRock. The chief financial officer responsible, Jimmy Patronis, justified the move on Thursday by saying … Read more

Fed Chair Powell unleashes price fireworks on Wall Street

New York It was the confirmation that many investors had hoped for: The US Federal Reserve (Fed) wants to slow down the pace of interest rate hikes, announced Fed Chairman Jerome Powell on Wednesday in a speech to the think tank Brookings. That could be appropriate as early as the upcoming mid-December meeting, Powell said. … Read more