New Delhi, Oct. 22 -- US stocks slipped on Wednesday amid a flood of corporate earnings and as investors awaited the results from electric vehicle giant Tesla later on today.
Wall Street analysts anticipate the Elon Musk-owned company will announce positive earnings, following robust sales in the third quarter. This sales surge occurred as American consumers rushed to avail themselves of an EV tax allowance that had been reduced by President Donald Trump.
As of 10:15 AM Eastern Time, the S&P 500 slipped 0.1%, the Dow Jones Industrial Average was down 0.2%, and the Nasdaq Composite was 0.3% lower.
At 09:30 a.m. the Dow Jones Industrial Average rose 6.14 points, or 0.01%, to 46,930.88, the S&P 500 gained 2.53 points, or 0.04%, to 6,737.8...
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