WS #13417
Record closes for Dow/S&P, Nasdaq's best four-day run, and oil below $80 reflect easing Middle East tensions and a risk-on mood. Lucid missed Q2 estimates and announced a $1.4B operational reset, signaling continued EV sector stress.
Macro Risk-On and Hormuz De-escalation
Record closes for Dow/S&P, Nasdaq's best four-day run, and oil below $80 reflect easing Middle East tensions and a risk-on mood.
Lucid missed Q2 estimates and announced a $1.4B operational reset, signaling continued EV sector stress.