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  Yahoo Finance

  Tesla stock slides following big Q1 delivery miss

  Tesla stock is tumbling after the EV maker reported a significant delivery miss for the first quarter. The Q1 delivery report comes after Tesla warned in January that its vehicle volume growth rate would be "notably lower" than in 2023.

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  Barrons.com

  Stock Futures Are Dropping as Bond Yields March Higher

  U.S. stock futures fell on Tuesday as Treasury yields marched higher, with investors closely focused on economic data that could impact the outlook for interest rates amid bets that the Federal Reserve will cut borrowing costs as soon as June. S&P 500 futures fell 0.5% with contracts tracking the tech-heavy Nasdaq down 0.7%. The yield on the benchmark 10-year U.S. Treasury note rose to 4.35%.

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  Associated Press Finance

  Stock market today: Wall Street sinks on rate worries as health care stocks and Tesla tumble

  U.S. stocks are sinking Tuesday, as worries about interest rates staying high continue to hit Wall Street. Health care companies led the market lower on worries about their upcoming profits after the U.S. government announced lower-than-expected rates for Medicare Advantage. One of the big reasons the U.S. stock market has been on a nearly unstoppable run since late October is the expectation that the Federal Reserve will cut interest rates several times this year.

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  Barrons.com

  U.K. Stocks Outperform Amid Oil Price Spike as Europe Returns from Easter

  A spike in oil prices was helping U.K. stocks outperform on Tuesday as investors across Europe returned from the Easter long weekend, with trading resuming for the first time since last Thursday. London’s FTSE 100 advanced 0.3% to lead Europe higher, with the U.K. equity benchmark outperforming, helped by its exposure to energy companies. Shares in oil producers BP and Shell, heavily weighted in the FTSE index, gained 2.9% and 3.2%, respectively, as futures for West Texas Intermediate crude surged 2% to more than $85 a barrel, the highest since last October.

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  The Wall Street Journal

  Is China’s Economy Finally Bottoming Out?

  Better late than never: After a rough 2023 and early 2024, the first read on China’s economy in March points to a tentative rebound heading into the second quarter. Data released over the weekend showed China’s official factory purchasing managers index in March moving back above the 50-point level separating expansion from contraction for the first time since September. The good news is the improvement is probably real: Exports and the global electronics sector seem to be on the mend again, and looser Chinese credit markets are helping support investment.