An unprovoked war in eastern Europe that threatens an energy crisis, fresh COVID-19 waves in China and major global central banks going berserk with rate hikes to rein in galloping inflation were among the
2022 would go down as one of the worst years for the financial markets. The sell-off has been all-pervasive, with stocks, bonds and cryptos all selling off indiscriminately. Even as high-fliers like Apple Inc.
Electric vehicle stocks closed the final trading week of the year on a mixed note amid the volatility in the broader market. Tesla, Inc. (NASDAQ: TSLA) swung wildly before snapping three straight weeks of losses and closing just higher for the week.