Advertisement
Australia markets open in 9 hours 36 minutes
  • ALL ORDS

    7,937.50
    -0.40 (-0.01%)
     
  • AUD/USD

    0.6503
    +0.0003 (+0.04%)
     
  • ASX 200

    7,683.00
    -0.50 (-0.01%)
     
  • OIL

    82.38
    -0.43 (-0.52%)
     
  • GOLD

    2,332.90
    -5.50 (-0.24%)
     
  • Bitcoin AUD

    97,993.33
    -3,236.43 (-3.20%)
     
  • CMC Crypto 200

    1,374.94
    -7.63 (-0.55%)
     

Stocks mixed as Elon Musk shares details of 'excruciating' Tesla turmoil

Stocks (^DJI, ^GSPC, ^IXIC) are mostly lower Friday morning as chipmakers slide, leading losses for technology companies. Energy companies are rising with oil prices. Tesla is falling further on reports of a growing government investigation into the company.

The utility (XLU) sector is most in the green, and the communications services (XLC) sector is most in the red. Alan Valdes, director of floor operations at Silverbear Capital, joins us live from the floor of the New York Stock Exchange to talk markets. To discuss the other big stories of the day, Yahoo Finance’s Seana Smith is joined by Yahoo Finance Editor-in-Chief Andy Serwer, Jen Rogers, Pras Subramanian, Julia La Roche, Rick Newman, and Yahoo Finance tech reviewer Dan Howley.

Also joining the show, Jose Rasco, market strategist for HSBC private bank; Jocelyn Moore, NFL EVP of communications and public affairs; Matthew Jacobs, Huffington Post entertainment reporter.