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How Tesla’s Robotaxi Approval Boosted Markets Amid Rising Yields and Walmart Woes — Market Wrap Aug 23, 2026
Today's AI insights from 7horns.ai highlight a mixed but resilient market rebound on August 21, with the Dow Jones Industrial Average leading gains, rising 0.98% to close at 53,277. The S&P 500 and Nasdaq each advanced 0.43%, though both snapped three-week winning streaks amid pressure from climbing bond yields. The 10-year Treasury yield reached 4.739%, while the 30-year hit 5.277%, spooking investors alongside geopolitical tensions and weak retail sales from Walmart. Tesla was a standout, surging 5.14% on regulatory approval for its robotaxi service in Las Vegas and news of its electric…
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