Stock Market Today: Dow Dips Despite EU Deal

Stock Market Today: Dow Dips Despite EU Deal
The Dow Jones index opened lower on the stock market today, despite the European Union reaching a landmark deal on a COVID-19 recovery fund. Investors were cautious as they awaited the Federal Reserve's policy statement later in the day. President Trump also commented on the ongoing trade tensions with China, stating that the tariffs will remain in place for the time being.
Tesla Pops As Elon Musk Touts 'Important' AI Deal
Tesla's stock price jumped after CEO Elon Musk announced an important AI deal. While the details were not disclosed, Musk emphasized the significance of the partnership for Tesla's future growth. The company's stock has been on a steady rise since the start of the year, fueled by strong delivery numbers and the successful launch of the Model Y. Tesla's market value now exceeds that of traditional automakers such as Ford and General Motors.
Live Coverage
Stay tuned for live coverage of the stock market today, as the markets react to the latest news and events. With the ongoing pandemic and looming economic uncertainty, the stock market remains a volatile and unpredictable environment. As always, it's important for investors to stay informed and make data-driven decisions. Follow Investor's Business Daily for updates and analysis on the latest market movements and trends.