S&P 500 (^GSPC) is in decline as it heads toward a losing month, with ongoing concerns about a potential recession weighing on investors' minds. Tesla (TSLA) shares are slipping amidst a report from the Financial Times the company is facing an EU investigation into foreign automakers exporting from China. Oil prices (CL=F) are moving after the dollar reached an eight-month high, prompting concerns about demand. Despite this, oil remains on course for its largest quarterly gain since March 2022. Investors are watching AMC (AMC) shares, following the announcement of Taylor Swift's global concert film release, set to reach 100 countries worldwide starting on October 13. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Wall Street stocks edged up Monday as investors assessed the Fed's path and a possible government shutdown.
Crypto investors are watching for the Federal Reserve's next announcement for insights on bitcoin (BTC-USD) as macroeconomic concerns loom over the digital currency. Shares of Chinese EV maker Nio (NIO) are down this morning due to a report from Bloomberg stating the EV maker is weighing the possibility of raising $3 billion dollars from investors amid losses Lastly, Rite Aid (RAD) shares are down after a report from the Wall Street Journal states that the company is working out a potential bankruptcy plan with creditors, which includes liquidating their stores, potentially closing down over 400 locations in the process. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.