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Stock market today: S&P 500 jumps ahead of Trump tariffs; Tesla in comeback rally

Stock market today: S&P 500 jumps ahead of Trump tariffs; Tesla in comeback rally

Investing.com -- The S&P 500 climbed Wednesday, just ahead of President Donald Trump is set to roll out of reciprocal tariffs. At 4:00 p.m. ET, the Dow Jones Industrial Average rose 235 points, or 0.6%, the S&P 500 index rose 0.6%, and the NASDAQ Composite added 0.9%.Trump tariffs loom largePresident Trump will implement reciprocal tariffs on a wide range of trading partners star ...

2025-04-03 07:54:57
Tesla quarterly sales plunge as Musk backlash grows

Tesla quarterly sales plunge as Musk backlash grows

By Akash Sriram and Abhirup Roy(Reuters) -Tesla’s quarterly sales plunged 13% to the weakest in nearly three years, hurt by a backlash against CEO Elon Musk’s politics, rising global competition, and people waiting for a refresh to its highest-selling electric vehicle Model Y.The stumbling sales indicate that the one-time leading brand is reeling from the fallout of the company delaying launch ...

2025-04-03 07:53:40
Inventiva stock rises following NATiV3 trial enrollment completion

Inventiva stock rises following NATiV3 trial enrollment completion

Investing.com -- Shares of Inventiva Sa (Nasdaq: IVA) climbed 5.4% as the company announced the completion of patient enrollment for its NATiV3 Phase 3 clinical trial, which exceeds its initial patient target. The clinical-stage biopharmaceutical company, which specializes in oral therapies for metabolic dysfunction-associated steatohepatitis (MASH) and other diseases, reported the randomization o ...

2025-04-03 07:52:20
Lucid’s quarterly deliveries rise, Rivian’s fall sharply

Lucid’s quarterly deliveries rise, Rivian’s fall sharply

By Zaheer Kachwala(Reuters) - Electric automaker Lucid (NASDAQ:LCID) posted a 58% jump in first-quarter deliveries on Wednesday as it lowered prices of its vehicles, while peer Rivian Automotive (NASDAQ:RIVN) reported a 36% decline.Lucid has also offered incentives including cheaper financing to woo customers away from cheaper hybrid vehicles amid high interest rates.However, the company estimat ...

2025-04-03 07:51:13