Stocks sink in the new year as Tesla, Apple tumble

  • Stocks sink in the new year as Tesla, Apple tumble

    U.S. stocks fell across the board on the first trading day of 2023 as investors carried over the bearish sentiment from last year. A 12% drop in Tesla shares, combined with a 4% slide in Apple weighed on the averages. In commodities, oil fell 4% to $76.93 per barrel, the biggest slide since November 2022.

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