"Dow Surges 300 Points as Tesla and Berkshire Hathaway Stocks Take Center Stage"

1 min read
Source: The Wall Street Journal
"Dow Surges 300 Points as Tesla and Berkshire Hathaway Stocks Take Center Stage"
Photo: The Wall Street Journal
TL;DR Summary

The stock market started the week with the S&P 500 and Dow rising, while the Nasdaq edged lower, potentially heading for its longest losing streak of the year. Investors are awaiting the release of the consumer-price index later this week, which will provide insight into whether the Federal Reserve will raise interest rates again this year. Earnings reports continue to come in, with KKR reporting profits and Berkshire Hathaway swinging to a profit in the second quarter. Yields on U.S. government bonds remained relatively stable, while overseas indexes mostly weakened.

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