Power Lunch

The S&P 500 fell on Thursday, spurred by a drop in shares of electric vehicle maker Tesla. 

Tesla was a big laggard in the session, down more than 11%, after President Trump said he was “very disappointed” in CEO Elon Musk. 

Musk shot back at President Donald Trump, saying in a post on X that “without me, Trump would have lost the election.”

The feud further escalated after Trump called Musk ”‘CRAZY” and signaled that he could cut his companies’ government contracts.

We’ll cover all of the angles for you.

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The S&P 500 is slightly higher, but gains were kept in check after private sector hiring hit its lowest level in more than two years, raising concerns trade policy uncertainty could be weighing on the economy. We’ll tell you all you need to know.

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The S&P 500 ticked higher Tuesday, fueled by strong gains in AI leader Nvidia, as investors anticipated details on potential U.S. trade deals. We’ll tell you all you need to know.

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The Dow dipped Monday, the first trading day of June, as global trade tensions increased. We’ll cover all of the market angles for you as we kick off a new trading month.

Plus, White House officials are visiting Alaska to discuss a potential $40 billion gas pipeline project. Brian Sullivan is on the ground there.

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President Trump on Friday hosted a press event to celebrate Elon Musk, as the Tesla CEO concludes his official government service after four turbulent months leading the so-called Department of Government Efficiency. We’ll cover all of the angles for you.

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The S&P 500 is up modestly as Nvidia shares rally post-earnings. But the gains are somewhat muted, with investors cautious following a salvo of judicial developments surrounding President Trump’s trade tariffs. We’ll tell you all you need to know.

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Stocks are mixed as investors parse the latest earnings reports and Federal Reserve meeting minutes while awaiting Nvidia’s latest quarterly results. We’ll tell you all you need to know.

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Stocks rallied on Tuesday after President Trump said over the holiday weekend that he agreed to delay tariffs of 50% on the European Union. We’ll cover all of the angles for you.

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Stocks declined Friday after President Trump raised trade fears again, warning Apple and recommending stiffer duties on the European Union. We’ll cover all of the angles for you.

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Stocks ticked higher on Thursday, as investors tried to shake off fears of rising rates and worries about a ballooning U.S. deficit. The 30-year Treasury yield hit its highest since October 2023 on Thursday as lawmakers passed a bill that investors fear could worsen the U.S. deficit. We’ll cover all of the angles for you.

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