STOCK EXCHANGE: Wall Street opened Tuesday sideways – Tesla stock took a cheerful bounce

In the aftermath of Monday’s bullish day, Wall Street opened Tuesday’s trading day sideways. The S&P 500 index of the largest US companies opened down 0.1 percent, while the technology index Nasdaq opened up 0.1 percent. The Dow Jones also opened Tuesday up 0.1 percent.

An electric car manufacturer that ranks among the world’s largest companies by market value Tesla’s the stock rose more than six percent on Monday. Investors took advantage of the company’s second quarter sales figures, which were published just before the opening of the next trading day, Tuesday.

The company’s sales figures exceeded analysts’ expectations. During the second quarter, a total of 440,000 cars were sold, while the company’s sales volume was expected to reach only 436,000 cars. The company’s stock opened Tuesday’s trading day cheerfully with a 5.5 percent increase.

A traditional media company Paramount Globalin the unit price of the share rose by more than three percent in pre-trading before the stock market opened, when it was reported that the company was negotiating a possible merger with another player in the industry.

News agency CNBC:n according to one possible party in a company merger could be Warner Bros. Discovery, which would lead to the merging of the Paramount Plus service and the Max streaming service into a larger entity. The company’s class B share opened Tuesday’s trading day with a 3.6 percent increase.

Tomorrow, Wednesday, plenty of economic figures will be published from the other side of the Atlantic.