To The Moon

U.S. stock benchmarks were on track to post the worst daily drop in more than two months, with the s

What a year this has been for the markets!Fueled by a torrent of monetary and fiscal stimulus, economic and earnings growth, and a mostly receding pandemic, theS&P 500stock index has rallied 20%, notching seven straight months of gains and more than 50 highs along the way. And that’s on top of last year’s 68% rebound from the market’s March 2020 lows.Tailwinds remain in place, but headwinds now loom that could slow stocks’ advance. Stimulus spending has peaked, and economic and corporate-earnin

New York $Tesla Motors$ wants to do more than sell you an electric car. It wants to start selling electricity itself — at least to some people in Texas.It has filed with the Texas Public Utility Commission to generate electricity and sell it directly to the public. Details about its exact plans are not included in the application, and Tesla did not respond to a request for comment. But the company said in its filing it plans to sell electricity directly to consumers, with a focus on those who al