Market check: Tesla shares fall, travel stocks under pressure

Yahoo Finance’s Ines Ferre discusses how stocks are trading as Delta invests $1.2 billion in Virgin Atlantic, Aeromexico, and Latam; Tesla is down more than 4%; and bitcoin continues to drift lower.

Video Transcript

BRIAN SOZZI: All right, let's head over to Yahoo Finance's Ines Ferre now for a deeper look into the markets. Ines.

INES FERRE: And, Brian, take a look at the sectors right now that are lagging. We've got energy, consumer discretionary, financials, and industrial stocks.

I want to take a look at the travel stocks because these are under pressure right now. Do want to mention that Delta announced that it's going to be investing $1.2 billion in its partners Virgin Atlantic, Aeromexico, and also LATAM.

Also, we're taking a look at the NASDAQ 100 right now. We're watching Tesla. That's down more than 4%. We're also taking a look at Facebook, up more than 2%. And, of course, we're on Apple watch today. Apple up 8/10 of a percent at around just above $180 a share, inching towards that $3 trillion market cap. But $182.85 is the number that we will be watching for. That's when it would hit the $3 trillion market cap.

I also want to mention what's happening with some of the meme stocks because I'm watching again AMC under pressure again. Last week, it was also under pressure. CEO Adam Aron is selling shares. He had telegraphed this previously, saying because of-- it's because of estate planning.

And then finally just taking a look at where we're at with Bitcoin because we're watching Bitcoin down more than 3 and 1/2%, below the $48,000 level, entering its fifth week of losses. Bitcoin is now about 30% lower from its record high in early November. Brian.

BRIAN SOZZI: All right, AMC CEO Adam Aron doing some estate planning.