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Benzinga
Benzinga
Business
Henry Khederian

Tesla, Twitter Lead S&P 500 Lower To Start The Trading Week

U.S. indices traded lower Monday as stocks pulled back following Friday's rebound. Stocks have experienced ongoing volatility this year amid Federal Reserve policy tightening measures.

  • The Nasdaq composite finished lower by 1.20% to 11,662; The Invesco QQQ Trust Series 1 (NASDAQ:QQQ) lost 1.16% to $298.44
  • The S&P 500 traded lower by 0.39% to 4,008; The SPDR S&P 500 ETF Trust (NASDAQ:SPY) lost 0.41% to $400.09
  • The Dow Jones composite finished lower by 0.17% to 11,024; The SPDR Dow Jones Industrial Average ETF Trust (NASDAQ:DIA) finished higher by 0.17% at $322.78

Here are the day's winners and losers from the S&P 500, according to data from Benzinga Pro.

Occidental Petroleum Corporation (NYSE:OXY), APA Corp (US) (NASDAQ:APA) and Halliburton Company (NYSE:HAL) were among the top gainers.

Twitter Inc (NYSE:TWTR), Expedia Group Inc (NASDAQ:EXPE) and Tesla Inc (NASDAQ:TSLA) were among the top losers.

Elsewhere On The Street

During periods of stock market weakness, investors can still generate yield from high-quality dividend stocks. The Federal Reserve has already raised interest rates by 0.75% so far in 2022, but there are plenty of high-yield dividend stocks paying 6% or more at current prices... Read More

The CEO of Twitter Inc (NYSE:TWTR) shared his take about spam on the social media platform, likely in response to comments from Tesla Inc (NASDAQ:TSLA) CEO Elon Musk... Read More

Walt Disney Co. (NYSE:DIS) has not released a film in its popular “Pirates of the Caribbean” franchise in five years, and the series’ producer Jerry Bruckheimer hinted a new entry may be on the horizon. Will Johnny Depp return as Captain Jack Sparrow?... Read More

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