Major indexes are lower as Tesla and Alphabet shares drop on earnings.
Portfolio Pulse from Benzinga Newsdesk
Major indexes are lower as Tesla and Alphabet shares drop on earnings.
July 24, 2024 | 2:22 pm
News sentiment analysis
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NEGATIVE IMPACT
The Dow Jones Industrial Average ETF (DIA) is lower due to declines in Tesla and Alphabet shares.
The decline in Tesla and Alphabet shares has a negative impact on the Dow Jones Industrial Average ETF (DIA).
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 50
NEGATIVE IMPACT
Alphabet shares fell after their earnings report, contributing to the decline in major indexes.
Alphabet's earnings report led to a decline in its share price, which negatively impacted major indexes.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
The Russell 2000 ETF (IWM) is lower due to declines in Tesla and Alphabet shares.
The decline in Tesla and Alphabet shares has a negative impact on the Russell 2000 ETF (IWM).
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 50
NEGATIVE IMPACT
The Nasdaq-100 ETF (QQQ) is lower due to declines in Tesla and Alphabet shares.
The decline in Tesla and Alphabet shares has a negative impact on the Nasdaq-100 ETF (QQQ).
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 50
NEGATIVE IMPACT
The S&P 500 ETF (SPY) is lower due to declines in Tesla and Alphabet shares.
The decline in Tesla and Alphabet shares has a negative impact on the S&P 500 ETF (SPY).
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 50
NEGATIVE IMPACT
Tesla shares dropped following their earnings report, contributing to the decline in major indexes.
Tesla's earnings report led to a decline in its share price, which negatively impacted major indexes.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100