- The Nasdaq closed 0.2% lower on Monday at 14,749.
- Tesla shares fell on US government investigation launch into Autopilot mode.
- AMC shares rallied 7% on blockbuster ?Free Guy? box office weekend.
The US markets started the week mostly higher as strong quarterly corporate earnings results overshadowed growing concerns of the Delta strain of COVID-19 slowing global economic recovery. New data out from China showed growth in industrial, consumer and investment activities slowed in July amid the growing delta outbreak in the region.
The Dow Jones rose 0.31% to finish the trading day up 110 points to close at 35,625 points.
The tech heavy NASDAQ fell 0.2% to finish the trading day down 29 points to close at 14,794 points.
One bitcoin is worth US$46,150 going into the Asian trading day.
The Australian dollar is stronger against the major currencies and is buying 73.4 US cents.
Shares in EV giant Tesla plunged more than 4% on Monday after the US government agency announced an investigation into Tesla?s Autopilot driverless system. The National Highway Traffic Safety Administration announced it has commenced a formal safety probe into Tesla?s driver-assist system following 11 fatal and serious crashes since 2018.
US theatre chain AMC rallied 7% yesterday after the movie ?Free Guy? did better than expected in its box office over the weekend. The film was released exclusively in theatres for 45-days before becoming available on HBO Max and Disney+. The blockbuster box office weekend for ?Free Guy? indicates big screen experiences are still in demand post-pandemic.
And Google Maps will now show users where the closest e-bike or e-scooter is located for hire, its battery range and how long it will take the user to get to their destination on the e-bike or scooter.