Midday stock movers: Tesla, NIO, JetBlue

Here are the stocks making the biggest market moves today.

Sep 6, 2024 - 00:30
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Midday stock movers: Tesla, NIO, JetBlue

The stock market is slightly down at midday. The S&P five hundred fell by zero.50%, while the tech-focused Nasdaq Composite is flat. The Dow Jones Industrial Average dropped zero.Seventy seven%, and the Russell 2000 Index declined by zero.Sixty five%.

Trending stocks:

Microsoft lost zero.5% midday while other Mag 7 stocks are up. Tesla gained 5% following an announcement that it planned to launch its “Full Self-Driving” driver assistance program in Europe and China worldwide the primary quarter of 2025. Nvidia is ticking slightly higher, up zero.Four%. Chinese EV maker NIO surged 10% after earnings and outlook update.

NIO expects its Q3 revenue to range between $2.63 billion and $2.Seventy a thousand million, topping the consensus estimate of $2.fifty four billion.

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S&P five hundred big stock movers this day

Five S&P five hundred stocks making big midday moves are:

  • Dollar Tree (DLTR) +6.1%
  • Marketaxess Holdings (MKTX) +5.eight%
  • Tesla (TSLA) +Four.zero%
  • American Airlines (AAL) +three.Four%
  • Merck & Co (MRK) +three.zero%

The worst-performing 5 S&P five hundred stocks with the largest midday drop are:

  • Mckesson (MCK) -9.three%
  • Zimmer Biomet (ZBH) -7.eight%
  • Copart (CPRT) -6.9%
  • Old Dominion Freight Line (ODFL) -5.9%
  • Hewlett Packard Enterprise (HPE) -5.zero%

Stocks also worth noting consist of:

  • JetBlue Airways (JBLU) +eight.1%
  • NIO (NIO) +10.zero%
  • Nvidia (NVDA) +zero.5%
  • Apple (AAPL) +zero.9%
  • Amazon (AMZN) +1.9%

Tesla ticks higher after international self-driving plans

Tesla added Four% after the corporate said on X that it should perchance roll out its “Full Self-Driving” driver assistance program in Europe and China worldwide the primary quarter of 2025, both “pending regulatory approval.”

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