📊 US Market Wrap | Oct. 9
Wall Street closed the week higher. S&P 500 +0.6%, Nasdaq +0.6%, Dow +0.8%.
Yet risks linger:
🛢️ Oil above $104
📈 10-year Treasury yield near 5.24%
🤖 AI and chip stocks facing profit worries
🏦 Major bank earnings and CPI ahead
The main question: Can earnings justify elevated valuations while rates stay high?
Next week could set the tone for the market.
#StockMarket #SPX #NASDAQ #Investing
Tesla stock jumped roughly 3% on Friday. The catalyst: Elon Musk confirming that Tesla and SpaceX remain in control of the Terafab chip project. AI, robotaxis, and FSD continue to anchor the bull thesis. All eyes are now on the Oct. 21 earnings report. Momentum is building, but execution is key. Bullish on $TSLA? 👀 #TSLA #Tesla