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The Guardian - US
The Guardian - US
Business
Guardian staff and agencies

Wall Street suffers worst day since 2022 as Tesla and Google earnings disappoint

Black Tesla Model 3 cars on production line
Tesla Model 3 cars on the production line. The company reported a 45% slump in quarterly profits. Photograph: Aly Song/Reuters

Wall Street suffered its worst day of trading in 19 months as disappointment around earnings from Tesla and Google challenged the recent big-tech rally.

The benchmark S&P 500 index dropped 2.3% as a sell-off triggered its biggest single-day fall since December 2022.

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