Closing: U.S. Stocks Decline on Thursday Amid Tesla's Largest Drop in Four Years
3 week ago / Read about 0 minute
Author:小编   

On Thursday, U.S. stocks experienced a decline, with Tesla experiencing a steep 14% fall—marking its biggest drop in four years. This significant drop was attributed to escalating tensions between Elon Musk and the Trump administration, where Trump threatened to terminate subsidies and contracts for Tesla. Following a phone call between the Chinese and American presidents, Trump indicated an intention to intensify trade negotiations, yet investors continue to harbor concerns over tariff policies. Meanwhile, the European Central Bank cut interest rates by 25 basis points, and the market eagerly anticipates the release of the non-farm payrolls report on Friday. Additionally, NVIDIA announced plans to introduce the RTX 5050 graphics card, leading to a surge in the stock price of its partner, Applied Digital.