Tesla investors are worried that Feminist Shirt .Musk might spend too much time trying to fix the social media giant’s problems, and that will take away his laserlike focus in winning the electric vehicle race,” said Edward Moya, a senior market analyst at OANDA. Among the worst performers in the S&P 500 was General Electric, which fell 10.3 percent after it said its outlook for the year was “trending toward the low end” of its previous forecast for profits and listed nearly every one of Wall Street’s concerns as a factor.
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We’re experiencing increased pressure from inflation, renewable energy and the Russia-Ukraine war,” H Feminist Shirt . Lawrence Culp Jr., the company’s chief executive, said on a conference call with investors on Tuesday, when explaining the outlook. “We’re also watching to evolving areas, namely additional supply chain pressure and recent Covid impacts in China.” Concerns over an economic slowdown in the United States and abroad have weighed on investors’ minds all month. Already, companies and consumers have borne higher costs for goods and transportation, with inflation reaching 8.5 percent in the year through March. But the conflict in Ukraine and the shutdowns in China have also triggered volatility in energy markets, with crude oil surging in early March before retreating slightly in April. That has spilled over into the stock market, too. “There’s been a pendulum going back and forth,” said Ms. Greene. “We go from saying oil prices are too high to saying we’re going to see oil prices come down because we don’t have the demand we thought we would see.” Futures for Brent crude, the international standard, were up about 2.5 percent on Tuesday to about $105 a barrel. West Texas Intermediate, the U.S. crude benchmark, for June delivery was up 3.2 percent to $101.70 a barrel. Investors are also contending with the Fed’s approach toward raising interest rates in the coming months in efforts to cool down inflation. Although Wall Street was already pricing in several rate increases this year, Fed officials have adopted a more aggressive tone this month about their willingness to raise rates quickly to try and stem inflation, and analysts are worried that the central bank could tip the economy into a recession. “The only way to cool off inflation will be to destroy demand and raise unemployment,” said Jean Boivin, head of the BlackRock Investment Institute. “It won’t be as simple as raising rates as the markets are expecting.”
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