CuriousCats.ai

Article Image
Forbes Icon Forbes

Dow and S&P Decline, Tesla Loses $350 Billion in February

MY TECH INTERESTS
MY MARKET INTERESTS
MY GLOBAL POLITICS
    • In February, the Dow declined 1.6%, marking its worst month since December, while the S&P fell 1.4% and the Nasdaq declined 4%.1
    • Bank of America economists noted that if the market doesn't see Trump moving towards more market-friendly policies, trust could continue eroding.2
    • Tesla was the biggest loser in February, falling 28% and wiping out close to $350 billion in market capitalization.1
  • In February, the Dow declined 1.6%, marking its worst month since December, while the S&P fell 1.4% and the Nasdaq declined 4%.
  • Tesla was the biggest loser in February, falling 28% and wiping out close to $350 billion in market capitalization.
  • Bank of America economists warned that if the market doesn't see Trump moving towards more market-friendly policies, trust could continue eroding.

Twitter Post

Details & Citations