Page 2 - Rian Evans News Today

Trading was volatile as the major indexes swung between gains and losses intraday, following a big sell-off earlier in the week.

Competition is on the rise but Tesla is still leading the pack among EV makers, according to former Ford chief executive Mark Fields.

A Reuters poll of analysts predicted the S&P 500 could gain more than 9% by the end of the year, though some expect a correction in the next three months.

"One thing that we like, as contrarian investors, is buying from people who have to sell at an any price. That gave us a very, very good price."

US homes lost 4.9% of their value, marking the largest June-to-December drop in percentage terms since 2008, according to Redfin.

Expect corporate earnings to meet estimates, according to Jeremy Siegel, as strong payroll data drives markets and helps the US avoid a recession.

Today, the lower-end Tesla Model 3 now starts at $42,990, while the average cost of a new vehicle is nearly $48,000, according to Bloomberg.

"We are intrigued by this offering, which follows Twitter Blue and likely reflects demand for more services by Facebook's creators."

Russia was given advanced notice for "de-confliction purposes" before President Joe Biden took a 10-hour train ride from Poland to Ukraine's capital.

"To allow this drawdown to take place has put undue stress on American resources and limits our ability to respond to an oil market spike."