Tesla shares skidded and weighed on the Nasdaq after the electric-vehicle maker posted a pointy fall in revenue final night time.

The S&P 500 was additionally decrease, and the Dow is within the crimson now for 3 straight periods. All three U.S. indexes are poised for weekly losses as of Thursday’s shut. Learn in the present day’s full markets roundup right here.

One other spherical of financial institution earnings are in, together with from regional banks that have been hard-hit after the collapse of Silicon Valley Financial institution and Signature Financial institution. The market did not love what it noticed, and shares of KeyCorp, Truist and Comerica fell.

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