US stocks are starting the day with modest declines


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Banks and Tesla not doing well

US stocks are opening down on the day but with modest declines.  Banks/Financials are being pressured on the back of worries about European bank concerns (i.e. Italy).  Tesla is getting hammered on the SEC suit against Elon Musk.

A snapshot of the market shows:

  •  S&P index -2.5 point or -0.09% at 2911
  • NASDAQ -6 points or -0.8% at 8035
  • Dow -34 points or 0.13% at 26406

A snapshot of some financial stocks in US and Europe are showing declines across the board. 

Tesla is trading down trading down 11.8% or -$36 at $271.

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