June 11, 2020
Tesla CEO Elon Musk tweeted "lol" on Thursday morning -- a reference he clarified to apply to "stonks," the colloquial term given to the rallying stock market.
U.S. stock futures pointed to a sharply lower start on Thursday, extending the decline since the Federal Reserve said it would keep interest rates at zero through 2022. Musk's Tesla was lower in premarket trade.
This article originally appeared on MarketWatch.
