Tesla Drops 3% on DOJ Probe - Adviser Investments

Tesla Drops 3% on DOJ Probe

Senior Vice President Chris Keith has the market analysis for Tuesday, September 18. The Dow Jones Industrial Average, S&P 500 and NASDAQ each advanced—0.7%, 0.5% and 0.8%, respectively. The National Association of Home Builders published its confidence index for September. Although the index rose slightly and beat expectations, the figure remains lower than 2017’s full-year average. It is worth noting, however, that this data was compiled prior to Hurricane Florence’s destructive impact. Meanwhile, Tesla finished down 3% following the Department of Justice’s request for documents related to Elon Musk’s widely reported Twitter post.

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