Dow Jones, S&P 500 Open Mixed; Tesla Stock Gains On Stock Split News – Stock Market Today

On the Russia-Ukraine war, President Volodymyr Zelenskyy says that his government is prepared to discuss adopting a neutral status as part of a peace deal with Russia.

Following the stock market opening on Monday, the S&P 500 and Nasdaq are trading higher at 0.02% and 0.48% respectively.

In fact, the 5-year and 30-year Treasury yields today inverted for the first time since 2006, raising fears of a possible recession.

Both West Texas Intermediate and Brent crude oil prices are down by roughly 5% today as traders are worried about weaker fuel demand in China after Shanghai launched a two-stage Covid lockdown.

In the SEC document, Tesla states that it is aiming to pay a stock dividend to shareholders via the split.

Not to mention, TSLA stock, in the larger scheme of things, continues to gain as general EV adoption grows.

Even as the company deals with short-term production headwinds in China, Tesla continues to lead the EV industry.

With POLY stock trading at the $26 mark before today’s market open, investors are understandably eager to hop on the stock now.

The company writes, “The acquisition accelerates HP’s strategy to create a more growth-oriented portfolio, further strengthens its industry opportunity in hybrid work solutions, and positions the company for long-term sustainable growth and value creation.” Overall, this would be HP referring to Poly’s comprehensive portfolio of audio communications equipment.

Namely, HP is looking to adapt to the shifting work landscape that is increasingly focusing on hybrid office arrangements.

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