The electric carmaker jumped 7.6% after announcing that it will seek investor approval for a stock split.
The big oil companies Exxon and Chevron fell 2.8% and 1.8%, respectively, after the Crude prices plummeted more than 7% in fear of lower fuel demand in China due to the increase in COVID-19 infections.
Seven of the 11 major S&P sectors were down.
The Dow Jones Industrial Average was down 160.63 points, or 0.46 percent, at 34,701.07, while the S&P 500 was up 5.34 points, or 0.12 percent, at 4,548.4. The Nasdaq was up 93.761 points, or 0.66 percent, at 14,263.061.
Strong economic data and gains in growth stocks have buoyed Wall Street’s major indices in recent days.despite the conflict between Russia and Ukraine and aggressive comments from Federal Reserve officials.
Banks fell 1.8% after a recent rise on expectations that the Federal Reserve may go faster and faster to control inflation, which is at a maximum of four decades, which has taken the yield of the benchmark 10-year debt to exceed 2.5%.
One of the measures of the US bond yield curve -the difference between the papers at five and 30 years- it was reversed for the first time since 2006, signaling growing concern about economic growth.
Source: Ambito
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