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United Airlines, Altria Group fall; IBM, ManpowerGroup rise
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IBM quarterly sales growth highest in over two years on cloud strength
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Wall Street slips off record highs, Tesla drops after fatal crash
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Wall Street slips off record highs, Tesla drops after fatal crash - Netscape Money & Business
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NEW YORK (Reuters) - U.S. stocks closed lower on Monday, slipping from last week’s record levels, as investors awaited guidance from first-quarter earnings to justify high valuations, while Tesla Inc shares fell after a fatal car crash.
FILE PHOTO: A Wall St. street sign is seen near the New York Stock Exchange (NYSE) in New York City, U.S., September 17, 2019. REUTERS/Brendan McDermid
The electric-car maker slid 3.4% after a Tesla vehicle believed to be operating without anyone in the driver’s seat crashed into a tree on Saturday north of Houston, killing two occupants.
The stock was the biggest drag on the S&P 500 and Nasdaq Composite Index. An 8.4% drop over the weekend in bitcoin, in which Tesla has an investment, also weighed on its share price.