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On today's Market Minute, Julie Hyman provides a quick overview of the trending stories investors need to know about.
Tesla (TSLA) is rising, making up for earlier losses fueled by first quarter deliveries missing estimates, on reports that President Donald Trump CEO Elon Musk will step back from his role in US politics.
Rivian (RIVN) reports a sales decline in first quarter deliveries.
Rocket (RKT) shares gain on several analyst upgrades.
Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.
It's time for Yahoo Finance's market minute. Stocks are rising ahead of President Trump's big tariff announcement. Tesla's turned positive. Shares jumping on an unconfirmed political report that CEO Elon Musk will be stepping back from his role in the federal government. Tesla was in the red earlier in the session on weaker than expected first quarter deliveries. Rivian shares meantime are falling after reporting a 36% decline in first quarter deliveries. EV makers have been struggling with slowing demand growth as consumers consider more affordable options amid economic uncertainty. And shares of Rocket Companies jumping on several analyst upgrades. Deutsche Bank boosting it to buy from hold as KBW raises the stock to market perform from underperform. Analyst citing Rocket's buying spree as a tailwind as it moves to acquire Mr. Cooper and Redfin. That's your Yahoo Finance market minute. For more on what's trending on Yahoo Finance, scan the QR code below to track the best and worst performing stocks of the session.
