Tuesday, 20 Apr 2021 07:20 AM MYT
Tesla Inc slid 3.4 per cent after a Tesla vehicle believed to be operating without anyone in the driver s seat crashed into a tree on Saturday north of Houston, killing two occupants. Reuters pic
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NEW YORK, April 20 ― US stocks closed lower yesterday, slipping from last week s record levels, as investors awaited guidance from first-quarter earnings to justify high valuations, while Tesla Inc shares fell after a fatal car crash.
The electric-car maker slid 3.4 per cent after a Tesla vehicle believed to be operating without anyone in the driver s seat crashed into a tree on Saturday north of Houston, killing two occupants.
ASX slides despite iron ore record as Wall Street drops from highs; Afterpay considers US share listing
Posted Yesterday at 9:15pm
MonMonday 19
updated 2
AprApril 2021 at 2:26am
Lithium miners Galaxy and Orocobre posted strong gains on a merger plan seen as beneficial to both.
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The Australian share market has declined after Wall Street dropped from its record highs, weighed down by tech stocks and Tesla after a fatal crash involving a driverless car.
Key points:
Iron ore prices hit record Australian dollar highs, fuelled by Chinese housing construction
Afterpay ponders a US share market listing, but commits to remaining headquartered in Australia
The Straits Times
Wall Street slips off record highs; Tesla drops after fatal crash
US stocks slipped from last week s record levels as investors awaited guidance from first-quarter earnings to justify high valuations.PHOTO: AFP
Published5 hours ago
https://str.sg/Jyya
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ASX Close: Win streak shudders to a halt
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The share market s equal-best winning run of the year ended this afternoon at five as profit-taking in the US infected local trade.
The
S&P/ASX 200 declined 48 points or 0.68 per cent to its heaviest loss of the month. The retreat pulled the index off a 13-month peak and reversed more than three days of gains.
Declines in CSL, the banks and most of the big miners swamped gains in Goodman Group, Coles, Fortescue Metals and Telstra.
What moved the market
A market that had risen more than 320 points in three weeks with barely a pause looked ripe for a retrace and found an excuse when Wall Street reversed. The sell-off accelerated as the
Wall Street slips off record highs, Tesla drops after fatal crash oann.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from oann.com Daily Mail and Mail on Sunday newspapers.