What’s News in Markets: Tesla Turmoil, Steelmaker Rallies, Dollar General Gains

WSJ Your Money Briefing

The Wall Street Journal

News, Business News

3.8 • 1.6K Ratings

🗓️ 7 June 2025

⏱️ 6 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

How much did a fight between Elon Musk and President Trump hurt Tesla shares? And why did tariff news lift steelmaker Cleveland-Cliffs? Plus, what types of shoppers are driving Dollar General’s gains? Host Francesca Fontana discusses the biggest stock moves of the week and the news that drove them. Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	Prime Video brings thrilling entertainment.
0:03.0	Watch heavyweight detective Breacher, season three included with Prime.
0:07.0	Exactly how much danger is this job putting me in.
0:10.0	Treat yourself to the lovably chaotic Bridget Jones mad about the boy available to buy.
0:15.0	Did you have sex? Did you have sex?
0:17.0	Did you have sex last night?
0:19.0	Yes! And it was amazing!
0:23.0	Whatever you're into, it's right here.
0:25.3	Prime Video.
0:27.1	Click or tap the banner to find out more.
0:32.5	Hey listeners, it's Saturday, June 7th.
0:35.7	I'm Francesca Fontana for the Wall Street Journal, and this is
0:38.9	What's News and Markets. Our look at the biggest stock moves of the week and the news that drove
0:43.6	them. Let's get to it. All right, what happened this week? Of course, of course, we had more
0:49.7	earnings reports, we had developments in tariffs with steel and aluminum, but we're going to get to that later,
0:55.4	because really what captured all of our attention, and not just in the stock market, was the
1:01.0	giant feud unfolding between President Trump and Elon Musk.
1:05.9	So it started with Musk's criticism of Trump's tax and spending megabill, and it escalated to an afternoon
1:12.6	of back-and-forth insults and attacks. Trump threatened to eliminate government subsidies
1:17.7	and contracts for Musk's businesses, and Musk called Trump ungrateful after his campaign
1:23.7	support and agreed with a tweet that Trump should be impeached, and it certainly made
1:28.3	Thursday's trading interesting. Tesla's shares fell 14% during the session, losing about
	...

Transcript will be available on the free plan in 16 days. Upgrade to see the full transcript now.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from The Wall Street Journal, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Wall Street Journal and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.