Stock market news today August 17, 2020
August 17, 2020
Stock market news
At 12:49 PM, ET time today the US stock market is moderately up. Dow Jones is falling about 44 points.
S&P 500: 3,386.15,+13.30(+0.39%)
Dow 30: 27,886.64,-44.38(-0.16%)
Russell 2000: 1,585.00,+7.12(+0.45%)
Two stocks that are trending today are Tesla, Inc. (TSLA) stock at 1,784.83+134.12 (+8.12%) as of 12:52 PM EDT, and Rackspace Technology, Inc. (RXT) stock at 19.00+2.40 (+14.46%) as of 12:53 PM EDT.
“Tesla Hits Record After Wedbush Lifts Price-Target to $1,900
Tesla gains after Wedbush Securities analyst Daniel Ives raises his one-year price target yet again, this time on ongoing demand for its electric cars in China.”, Source: https://www.thestreet.com/investing/tesla-tsla-stock-wedbush-raises-price-target?puc=yahoo&cm_ven=YAHOO&yptr=yahoo
“Rackspace Soars After Amazon Said To Be In Talks for Stake
(Bloomberg) — Amazon.com Inc. is in talks to acquire a minority stake in Rackspace Technology Inc., according to a person familiar with the matter, sending Rackspace’s shares surging.”
Stock market data: Yahoo Finance