Nasdaq under pressure as Tesla shares fall to the lowest since January | Forexlive

Tesla shares sank last week after earnings and the bulls tried to stage a rally at the March low near $164 but the bounce was a dead-cat one at best. Now shares have turned lower again and fallen through $160 to the lowest since late January.

There isn’t much support below and the broader Nasdaq is down 0.4%.

It’s a huge week for earnings with Microsoft and Alphabet tomorrow followed by Meta on Wednesday and Amazon on Thursday.