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MarketWatchMay 21, 2019
Nordstrom stock slides as sales miss extends retail rout
Nordstrom Inc. stock falls more than 9% in the extended session Tuesday after the retailer reports first-quarter sales below Wall Street expectations, admits to missteps with its customers, and trims its outlook for the year.

MarketWatch MarketPulseMay 21, 2019
Tesla's stock falls toward worst 3-month stretch since going public 9 years ago
Tesla Inc.'s stock slumped 1.6% in morning trade, but remained on track to suffer its worst three-month stretch since the electric car maker went public in June 2010. The stock has lost 15.4% so far in May, after shedding 14.7% in April and 12.5% in March, for a total loss during that period of 36.9%. The previous biggest loss over a 3-month period was 32.4% in the three months ended February 2011. Among Wall Street's concerns are demand for the lower-priced Model 3, questions over management credibility and recent communications about "hardcore" cost cutting. Tesla's stock has now shed 39.3% year to date, while the S&P 500 has gained 14.0%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



Reuters BusinessMay 21, 2019
Wall St. rises as Huawei reprieve boosts tech shares
Shares of technology companies helped lift Wall Street on Tuesday after the United States temporarily eased curbs on China's Huawei Technologies Co Ltd, alleviating investor concerns about pressure on future corporate results in the sector.

USA Today MoneyMay 21, 2019
Dow ends higher after US backs off China sales restrictions, snapping 2-day skid
The Dow Jones industrial average ended higher Tuesday after the U.S. eased up on China sales constraints. Stocks snapped a two-day losing streak.        

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