"Market Outlook: Tesla Sales Plunge and Bond Yields Surge, Impacting Stock Futures"
TL;DR Summary
US stock futures drift lower as investors await Jerome Powell's speech for clues on interest rates; Disney likely to fend off activist investor Nelson Peltz's board shake-up; Intel shares fall after reporting sharper operating losses at its foundry business; TSMC halts chipmaking after Taiwan earthquake, raising concerns for Apple and Nvidia suppliers; JP Morgan cuts Tesla price target due to lackluster deliveries report and predicts large first quarter free cash outflow.
- Stock market today: US futures drift lower as faith in rate cuts fades Yahoo Finance
- Tesla sales plunge far more than expected CNN
- Surging bond yields don't change the narrative for stocks Yahoo Finance
- Stock Market Today: Dow futures down as traders eye Powell speech MarketWatch
- CNBC Daily Open: Projections are not promises CNBC
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