Macro
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month values ▾
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|
| +0.30 | +0.10 | -0.60 | -0.55 | -0.30 | -0.10 | +0.10 | +0.20 | +0.20 | +0.25 | +0.30 | -0.34 |
COVID lockdowns shut restaurants, malls, auto plants
How this mood is scored ▾
Tesla officially entered the S&P 500 with a 1.69% weighting, becoming one of the index's largest components following a 730% stock rally in 2020. The inclusion prompted profit-taking and a 6.5% drop in shares as investors cashed in, while Apple's reported EV plans added pressure. Despite Tesla's high valuation, its impact on the S&P 500's overall P/E ratio was modest, though it significantly influences index movements due to its size.
Airbnb surged to a $100 billion market value on its first trading day, doubling its IPO price, following strong investor demand just after DoorDash's 86% pop. Despite pandemic-related losses and host disputes, the company's pivot to local getaways fueled recovery, signaling robust market appetite for high-growth tech IPOs. The listing also reflects pressure to allow employee stock expirations and ongoing regulatory and reputational risks.