Stock Market Plunges: Dow Sinks 800 Points as Yields Rise, Trump Budget Stalls
Stock market losses deepened on Wednesday as major indexes dropped sharply in late afternoon trading. The Dow Jones Industrial Average tumbled more than 800 points, while the Nasdaq reversed earlier gains, driven by rising Treasury yields and political uncertainty in Washington over President
Tesla Chair Denies CEO Search Rumors, Backs Elon Musk Amid Investor Concerns
Tesla’s board chair, Robyn Denholm, has strongly denied a media report claiming the company is looking for a new CEO to replace Elon Musk. The report, originally published by the Wall Street Journal, stated that Tesla board members had contacted recruitment firms to