Major U.S. indices closed lower on Thursday, with the Dow Jones Industrial Average slipping 0.45% to 43,239.50, the S&P 500 losing nearly 1.6% to 5,861.57
Tesla's stock is down significantly in 2025, with shares underperforming the S&P 500. Read why I maintain my strong sell rating for TSLA.
The latest look at U.S. inflation is unlikely to ease the worries on Wall Street, but it probably won’t add to the jitters.
Dow, S&P 500, and Nasdaq futures are rising in premarket trading Monday as the stock market digests the latest comments of Trump tariffs.
According to Forbes, Berkshire's stock climbed 4.1%, pushing its market cap to about $1.08 trillion, while Tesla's shares slipped 2.2%, bringing its valuation down to roughly $1.04 trillion. That swap placed Berkshire in the seventh spot on the S&P 500,
Tesla stock is one of the worst performers on the S&P 500 in 2025. But TSLA is extremely expensive by a price-to-earnings metric.
The S&P 500 was down slightly year to date before last Friday's rally, which boosted the index into positive territory. Surprisingly, the Mega Cap Growth ETF is only down 1.5% year to date because gains in Eli Lilly, Visa, and Meta Platforms have largely offset sizable losses in Tesla, Broadcom, and Alphabet.
Nvidia (NASDAQ: NVDA), Apple (NASDAQ: AAPL), and Microsoft (NASDAQ: MSFT) alone make up a combined 19.6% of the S&P 500. Throw in Amazon (NASDAQ: AMZN), Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), Meta Platforms (NASDAQ: META), Broadcom (NASDAQ: AVGO), Tesla (NASDAQ: TSLA), and Netflix (NASDAQ: NFLX), and that's 32.6% of the S&P 500.