Nike and KB Home Beat on Earnings; Tesla's "Battery Day"
Zacks Investment Research | Sep 22, 2020 05:52AM ET
Market indexes broke their recent losing streaks Tuesday during the regular trading session; in the S&P 500 and Nasdaq, this is the first day in the last five to close in the green. Testimony on Capitol Hill regarding the need for more government stimulus as the Fed Chair and Treasury Secretary outlined their goals for the near-term. The Nasdaq led the way for the day, +1.7% to 10,964; the S&P 500 gained 1% to 3315; the small-cap Russell 2000 bounced back with a 0.8% gain to a smidge beneath 1500; and the Dow rose 0.52% on the day, to 27,288. Much focus has been on “Battery Day” from Tesla (NASDAQ:TSLA) Questions or comments about this article and/or its author? Click here>>
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