Downbeat retail sales data and Treasury Secretary Scott Bessent's comments are adding to worries about the economy.
Investor's Business Daily on MSN29m
Stock Market Today: Dow Jones Rallies Amid Bessent Comments, Weak Retail Data; Tesla Tumbles But China Stock Clears Entry (Live Coverage)The Dow Jones rose on the stock market today amid weak retail sales data and comments from Treasury Secretary Scott Bessent. Netflix popped while Tesla skidded.
The three major indexes are rising, with the Dow adding 380 points as the stock market digests the latest signs of a slowing U.S. economy.
Today's drop comes after one Tesla bull just cut his firm's price target by $85 per share. Mizuho's Vijay Rakesh is still taking a bullish stance, but his price target dropped from $515 to $430 per ...
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