Top Stock Market Moves: Tesla, Apple, Chevron, Nio, Marathon Oil, WWE, and OPEC+ Cuts Production.

1 min read
Source: Benzinga
Top Stock Market Moves: Tesla, Apple, Chevron, Nio, Marathon Oil, WWE, and OPEC+ Cuts Production.
Photo: Benzinga
TL;DR Summary

U.S. markets ended mixed on Monday with energy stocks leading to the S&P 500 ending 0.37% higher. Tesla shares closed 6.12% lower due to concerns about profit margins following aggressive price cuts. Apple is cutting down a small number of roles within its corporate retail teams. AMC Entertainment Holdings fell over 22% in extended trading. Chevron shares closed 4.16% higher in response to OPEC+ announcing surprise oil production cuts. Nio shares closed 6.76% lower despite delivering 10,378 vehicles in March.

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