Posted 10/19/2023, 10:24:00 AM
Stocks Tumble as Treasury Yields Climb, Tesla Disappoints on Earnings
- Dow futures fall as 10-year Treasury yield nears 5%; Tesla dives on weak earnings, Elon Musk warnings
- Netflix surges on strong subscriber growth and price hikes; Taiwan Semi, Lam Research also report
- Adobe, Arista Networks, Microsoft, Meta Platforms near buy points
- Stock market rally suffers sharp losses as yields spike, earnings disappoint
- Tesla earnings, outlook disappoint; stock falls as Elon Musk warns on growth, Cybertruck