BUZZ-U.S. STOCKS ON THE MOVE-Tesla, Chipotle, gun makers, casino operators
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U.S. stock indexes tumbled on Monday, the first trading day of 2016, with the Dow set for its worst start to a year since 1932 - after weak Chinese economic data reignited fears of a global slowdown. The Dow Jones industrial average was down 2.35 percent at 17,016.22, the S&P 500 was down 2.29 percent at 1,997.1 and the Nasdaq Composite was down 2.81 percent at 4,866.923.
** TESLA MOTORS INC, $221.0101, -7.92 pct
The pioneering electric car maker said on Sunday that it delivered 17,400 vehicles in the fourth quarter of 2015, just above the low end of its forecast of 17,000-19,000.
Tesla delivered 208 of its new electric SUV, the Model X, in the quarter, below the expectations of some analysts. Robert W Baird analyst Ben Kallo, who had expected Tesla to deliver about 1,000 Model X cars, said deliveries were lower as "the Model X production ramp began later than we had expected" in the fourth quarter.
** APPLE INC, $104.21, -1.00 pct
** FACEBOOK INC $101.1999, -3.31 pct Continued...