S&P 500 breaks 5,500, Tesla EV sales are on the rebound: Yahoo Finance

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The S&P 500 (^GSPC) closed above 5,500 yesterday, with global stocks on the rise as the market begins to price in optimistic sentiment over interest rate cuts from the Federal Reserve after Chair Jerome Powell spoke on the matter at the ECB Forum on Central Banking in Portugal. Tesla’s (TSLA) EV sales are beginning to rebound after demand for EVs began to cool late last year and into the beginning of 2024. Apple (AAPL) will get a board seat on OpenAI, filled by Apple’s App Store chief Phil Schiller, according to a report from Bloomberg. Trending Tickers on Yahoo Finance include Tesla (TSLA), Reddit (RDDT), and Paramount Global (PARA).

Top guests today include:

9:05 AM: Elyse Ausenbaugh, J.P. Morgan Wealth Management Global Investment Strategist
9:30 AM: Patrick De Haan, GasBuddy Head of Petroleum Analysis
10:00 AM: Paul Gruenwald, S&P Global Ratings Chief Global Economist
10:10 AM: Katie Nixon, CIO at Northern Trust
10:45 AM: Leah Dempsey, Co-Chair of Financial Services Practices Group, Brownstein