Stock Market Today, July 23: Tesla Drops 15%, Leading Tech Stock Slide
On July 23, 2026, massive capital expenditure plans triggered a broad retreat across technology stocks, as soaring crude oil added to inflation fears.
Quick take
Read original at Yahoo Finance The Nasdaq Composite dropped 2.15% to 25,138, driven by a retreat in technology stocks, with Tesla falling 15% and Alphabet 7% after earnings reports. The S&P 500 lost 1.21% to 7,408 and the Dow Jones Industrial Average fell 0.97% to 51,712. Rising oil prices and high Treasury yields also contributed to the decline.
Summarised by netranta from Yahoo Finance. Open the original for the full story.
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