Tesla's global deliveries were lower than expected, causing its stock price to fall nearly 5%. On Tuesday, the S&P 500 fell 0.7% and the Nasdaq Composite fell nearly 1%, while the benchmark 10-year Treasury yield rose to 4.36%. This may reflect the market's uncertainty that the Federal Reserve will not cut interest rates soon. Investors are currently more passively waiting for direction. If earnings are poor, a situation where production costs rise but earnings are meager will emerge. The S&P 500 may retest 5,100 points. Always stick to your investment plan and long-term goals.
