U.S. markets closed

  • S&P Futures

    4,365.25
    +4.25 (+0.10%)
     

  • Dow Futures

    34,266.00
    +34.00 (+0.10%)
     

  • Nasdaq Futures

    14,890.00
    +20.50 (+0.14%)
     

  • Russell 2000 Futures

    1,796.50
    +3.80 (+0.21%)
     

  • Crude Oil

    90.56
    +0.53 (+0.59%)
     

  • Gold

    1,943.80
    -1.80 (-0.09%)
     

  • Silver

    23.81
    -0.03 (-0.14%)
     

  • EUR/USD

    1.0652
    +0.0005 (+0.04%)
     

  • 10-Yr Bond

    4.4380
    -0.0420 (-0.94%)
     

  • Vix

    17.20
    -0.34 (-1.94%)
     

  • GBP/USD

    1.2244
    +0.0004 (+0.03%)
     

  • USD/JPY

    148.4360
    +0.0760 (+0.05%)
     

  • Bitcoin USD

    26,187.59
    -389.79 (-1.47%)
     

  • CMC Crypto 200

    559.48
    -8.57 (-1.51%)
     

  • FTSE 100

    7,683.91
    +5.29 (+0.07%)
     

  • Nikkei 225

    32,402.41
    0.00 (0.00%)
     

Instacart IPO, Biden supports Ukraine, DOJ vs. Tesla: Top Stories

3
Akiko Fujita and Luke Carberry Mogan

Instacart (CART) shares close over 12% higher on its first day of trading via an IPO. President Biden calls upon the United Nations to support Ukraine in its war against Russia in a speech at the UN's General Assembly today. Lastly, the Department of Justice is reportedly leading a probe into Tesla's (TSLA) executive spending as per SEC guidelines, according to the Wall Street Journal.

Yahoo Finance anchor Akiko Fujita reports several of the day's biggest headlines.

For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

Video Transcript

AKIKO FUJITA: Let's get you caught up on today's top stories. Instacart delivering in its debut. The online grocery retailer's stock began trading on Tuesday at $42 a share and closed its inaugural session at $33 a share. The IPO is a long-awaited step for Instacart, which was founded in 2012. And it's the first notable venture-backed company in the US to go public since December 2021.

In a speech Tuesday to the United Nations General Assembly, President Joe Biden urged world leaders not to abandon Ukraine in its war with Russia and remain united in supporting them. Biden said, quote, "If we allow Ukraine to be carved up, is the independence of any nation secure?"

And the Wall Street Journal is reporting a Justice Department investigation into Tesla's company spending, citing sources, the Journal says, federal prosecutors want to know if company expenditures blurred the lines between business endeavors and personal projects for CEO Elon Musk. FCC rules require that companies report extra financial perks. An earlier report said the DOJ was looking into claims that Tesla commissioned employees to work on and order supplies for a glass house meant for Musk. Now, that inquiry has widened to include the company's representations about Tesla's driving range.