Francesca Fontana

So this week, on Tuesday, analysts warn of lower overseas demand and said consumer backlash as the brand becomes, quote, increasingly politicized. I mean, it was just last week, right? We saw President Trump posing with Teslas on the White House lawn. And as chief executive Elon Musk has become a powerful senior advisor to Trump, we've also seen Tesla's vehicles becoming targets of vandalism.

So this week, on Tuesday, analysts warn of lower overseas demand and said consumer backlash as the brand becomes, quote, increasingly politicized. I mean, it was just last week, right? We saw President Trump posing with Teslas on the White House lawn. And as chief executive Elon Musk has become a powerful senior advisor to Trump, we've also seen Tesla's vehicles becoming targets of vandalism.

That same day, Tuesday, several vehicles were set on fire outside a Tesla service center in Las Vegas. And the stock ended up losing 5.3 percent that day. Then on Wednesday, Tesla recalled most Cybertrucks. This is its eighth recall issued on the truck due to a flaw that can cause an exterior panel to fall off. But there was also good news for the stock.

That same day, Tuesday, several vehicles were set on fire outside a Tesla service center in Las Vegas. And the stock ended up losing 5.3 percent that day. Then on Wednesday, Tesla recalled most Cybertrucks. This is its eighth recall issued on the truck due to a flaw that can cause an exterior panel to fall off. But there was also good news for the stock.

Cantor Fitzgerald raised its rating on Tesla, saying the recent sell-off created an attractive entry point. And later that day, in an unusual move that certainly raised some eyebrows and some concerns re-federal ethics rules, Commerce Secretary Howard Lutnick told Fox viewers to buy Tesla stock, saying, quote, And just yesterday, Musk told Tesla workers not to sell their shares.

Cantor Fitzgerald raised its rating on Tesla, saying the recent sell-off created an attractive entry point. And later that day, in an unusual move that certainly raised some eyebrows and some concerns re-federal ethics rules, Commerce Secretary Howard Lutnick told Fox viewers to buy Tesla stock, saying, quote, And just yesterday, Musk told Tesla workers not to sell their shares.

So how did the stock do this week? Well, Tesla shares lost 5.3% on Tuesday, then they rebounded 4.7% Wednesday. On a weekly basis, though, the stock ended up extending its eight-week losing streak, well, nine-week losing streak now, with a loss of 0.5%. Last but not least, consumer spending and economic concerns were front and center in earnings this week.

So how did the stock do this week? Well, Tesla shares lost 5.3% on Tuesday, then they rebounded 4.7% Wednesday. On a weekly basis, though, the stock ended up extending its eight-week losing streak, well, nine-week losing streak now, with a loss of 0.5%. Last but not least, consumer spending and economic concerns were front and center in earnings this week.

For instance, General Mills, the food maker known for Lucky Charms, Yoplait, etc., reported lower than expected fiscal third quarter sales and cut its outlook for the year. It said that in the latest quarter, North American retailers reduced inventory and consumers spent less on snacks. And we saw General Mills shares fall roughly 2% on Wednesday.

For instance, General Mills, the food maker known for Lucky Charms, Yoplait, etc., reported lower than expected fiscal third quarter sales and cut its outlook for the year. It said that in the latest quarter, North American retailers reduced inventory and consumers spent less on snacks. And we saw General Mills shares fall roughly 2% on Wednesday.

Although the stock did end up notching a weekly gain of about 0.6%. We saw similar concerns coming from Nike later in the week. The sportswear company late Thursday posted lower third quarter profit and revenue. And Nike said its sales in the current fourth quarter are expected to drop at a rate in the mid-teens. And Nike shares ended up losing 5.5% on Friday.

Although the stock did end up notching a weekly gain of about 0.6%. We saw similar concerns coming from Nike later in the week. The sportswear company late Thursday posted lower third quarter profit and revenue. And Nike said its sales in the current fourth quarter are expected to drop at a rate in the mid-teens. And Nike shares ended up losing 5.5% on Friday.

And now you know what's news in markets this week. You can read about more stocks that moved on the week's news in The Score, my column in the Wall Street Journal's Exchange section. Today's show was produced by Zoe Kolkin and Anthony Bansi with supervising producer Michael Kosmides. I'm Francesca Fontana. Have a great weekend.

And now you know what's news in markets this week. You can read about more stocks that moved on the week's news in The Score, my column in the Wall Street Journal's Exchange section. Today's show was produced by Zoe Kolkin and Anthony Bansi with supervising producer Michael Kosmides. I'm Francesca Fontana. Have a great weekend.

Hey, listeners. It's Saturday, March 15th. I'm Francesca Fontana for The Wall Street Journal, and this is What's News in Markets, our look at the biggest stock moves of the week and the news that drove them. Let's get to it. Welcome back, everybody. Hope you made it through this week in markets in one piece. What was it in a word? A doozy. Well, maybe that's two words.

Hey, listeners. It's Saturday, March 15th. I'm Francesca Fontana for The Wall Street Journal, and this is What's News in Markets, our look at the biggest stock moves of the week and the news that drove them. Let's get to it. Welcome back, everybody. Hope you made it through this week in markets in one piece. What was it in a word? A doozy. Well, maybe that's two words.

What was the week about in a few words? Recession fears and trade. Recession fears were in the foreground for many companies' earnings reports. For instance, Kohl's joined the growing chorus of retailers warning of slowing household spending this year. And the stock on Tuesday plummeted 24 percent.

What was the week about in a few words? Recession fears and trade. Recession fears were in the foreground for many companies' earnings reports. For instance, Kohl's joined the growing chorus of retailers warning of slowing household spending this year. And the stock on Tuesday plummeted 24 percent.

Plus, on Friday, we saw that the University of Michigan Index of Consumer Sentiment fell to its lowest level since November 2022. So not great. And we'll get into the trade war stuff in a bit, but minor spoiler alert, it was Thursday, the day the European Union got more tariff threats from Trump, that the S&P 500 closed in correction territory.

Plus, on Friday, we saw that the University of Michigan Index of Consumer Sentiment fell to its lowest level since November 2022. So not great. And we'll get into the trade war stuff in a bit, but minor spoiler alert, it was Thursday, the day the European Union got more tariff threats from Trump, that the S&P 500 closed in correction territory.