June 21, 2023: Tesla Soars, Nike Slumps, and European Stocks Retreat.

Tesla Shares Gained $44 Billion While Nike Suffered the Largest Daily Loss. US indices closed with collective declines in Tuesday’s session, pressured by profit-taking after substantial gains last week and ahead of the Federal Reserve Chairman’s testimony before Congress on Wednesday. The broad sell-off comes after the longest weekly winning streak in the Nasdaq since

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