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Dow Jones Dips; Amazon Stock Plunges Amid Record EU Fine; China EV Stocks, Tesla Rally

July 31, 2021
Source: bitcoinethereumnews.com bitcoinethereumnews.com
News Snapshot:
The Dow Jones Industrial Average fell back from record levels as stocks closed the week on a sour note. It comes after a weak earnings report and the disclosure from Amazon.com (AMZN) that it’s been hit with a big EU fine. Procter & Gamble (PG) was the top blue chip, while China EV stocks including Nio (NIO) rallied. American EV giant Tesla (TSLA) also rose. X Breakouts were hard to come by in a tough day for growth stocks. However, solar play Enphase Energy (ENPH) moved above an aggressive buy point. Nasdaq Falls Back As Growth Stocks Get Caned The...
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