STOCK EXCHANGE: Wall Street opened mixed – Tesla falls sharply after taxi prototype presentation

Indices describing stock price trends opened in different directions on Wall Street on Friday. The broad S&P 500 was up 0.2 percent and the Dow Jones, which follows the thirty largest companies, was up 0.5 percent.

The technology-focused Nasdaq was down 0.3 percent compared to yesterday’s closing reading.

There was a lot of news from the United States today, when the companies operating in the financial market published their interim reports for July-September.

Telsa is dropping heavily

One of the strongest gainers in the S&P 500 was Wells Fargowhose stock was up 4.7 percent at $60.49.

The bank’s result exceeded analysts’ forecasts. Falling interest rates hit loans, but they were supported by payments from investment banking.

Other major results publishers were, for example JPMorgan Chase & Co and BlackRock. The first mentioned’s share price was up 3.2 percent at $219.65. BlackRock was up 2.4 percent at $978.62.

Making electric cars Tesla’s the stock was down 8.5 percent at $218.61. Late last night, the company presented prototypes of self-driving taxis.

Information service Bloomberg’s according to the event itself was spectacular, but it was light in terms of actual information. For example, the event did not discuss how regulation affects the sale of cars.