Daily Stock Market Recap: 10/23

Hey everyone, it’s @StockMKTNewz - Evan! We’re back again with a DAILY STOCK MARKET NEWS RECAP

We've got plenty to cover in today's market recap! Let's dive into the key headlines and what you should keep an eye on as we move through the week.

Tesla Earnings

Here’s some commentary from Elon Musk on Tesla’s earnings call:

• "It won't be long before we're shipping 100 gigawatt-hours a year of energy storage"

• "feel confident saying we have the most advanced humanoid robot by a long shot, and we're the only company that has the ability to scale"

• "For Tesla employees in the Bay Area we are already operating ride-hailing capabilities"

• "There is no need to wait for Robotaxi or Cybercab to experience full autonomy, we expect to achieve that next year with our existing vehicle line"

• Tesla’s long-term is aiming to make at least ~2M units a year of the CyberCab

Here’s how the stock market performed today

Heat Map of the S&P 500 from today

Indexes

• S&P 500: closed down 0.92% to 5,797.42

• NASDAQ 100: closed down 1.60% to 18,276.65

• Dow Jones: closed down 0.96% to 42,514.95

Best and Worst Performing S&P 500 Stocks from Today

CHART OF THE DAY

The chart above was taken from FinChat, my go-to platform for stock data and research. FinChat makes finding and analyzing stock information super easy. What I love is how they transform complex data into easy-to-read charts that help me stay on top of the market. If you're serious about your investments, try their 2-week free trial—trust me, you’ll see why it’s a game-changer!

Get Ready For Tomorrow

EARNINGS: This is the earnings calendar I rely on daily during earnings season. Make your earnings season much easier by checking out Earnings Hub

Tuesday 10/24 SeekingAlpha catalyst Watch:

Macro: Schedule for tomorrow 10/24 (All times are in ET)

8:30 AM ET - Initial Jobless Claims

8:45 AM ET - Fed Hammack Speech

9:45 AM ET - S&P Services and Manufacturing PMI

10 AM ET - New Home Sales

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