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Tesla tumbles after disappointing earnings

FX:GBPUSD   British Pound / U.S. Dollar
Tesla's stock price dropped 9.75% to $162.99, as quarterly earnings of $23.3 billion fell short of Mitrade's estimates. Meanwhile, the SpaceX rocket test flight had positive feedback despite exploding before reaching orbit.

The Nasdaq 100 declined 102 points to 12,985. The S&P 500 declined 24 points to 4,129, and the Dow Jones Industrial Average slipped 110 points to 33,786.

EUR/USD added 13 pips to 1.0967, and AUD/USD gained 27 pips to 0.6740. Although UK retail sales data is predicted to contract by 0.5%, GBP/USD moved up 5 pips to 1.2443. USD/CAD advanced 14 pips to 1.3474, and USD/JPY dropped 46 pips to 134.23.

Spot gold recovered $10.05 to 2 ,004.81 an ounce, and WTI oil futures slid $1.87 to $77.37 a barrel. Bitcoin and Ethereum are trading lower at 28 ,243.0 and 1 ,944.59 respectively.

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