Daily Rewind: Stocks are red hot 🔥

Catch up on Dow 22,000, Tesla earnings and more:

📈 The Dow hits a major milestone:

• The Dow closed above 22,000 points after opening above the mark this morning. Talk about a record-breaking day! 🎉🎉🎉
• The Dow is up about 20% since Donald Trump was elected president. The market rally is a point of pride for the administration, which has found itself engulfed in legislative failure and internal chaos.
• Can stocks keep on winning? Investors are skeptical, since the month of August has a history of market scares.

🚗 Tesla reports impressive earnings:

• Tesla reported better-than-expected sales of $2.79 billion last quarter.
• Elon Musk’s company also said its new Model 3 car is on track to meet sales goals.
• Tesla recently shipped its first batch of Model 3 cars. It’s the company’s first mass-market vehicle.

Check these stories out:

*Trump signs law slapping sanctions on Russia (AP)

*Oreo maker Mondelez loses its female CEO (WSJ 🔒)

*Trump supports plan that would curb illegal immigration (CNN Politics)

*White House is ready to go after China’s trade practices (CNNMoney)

That’s all for today. We’ll see you again tomorrow!

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