Nasdaq dips more than 1% into the close, Tesla drives down consumer discretionary stocks

The Nasdaq closed the day in the red, while energy stocks outperformed and Tesla drove down the consumer discretionary sector.

Video transcript

RACHELLE AKUFFO: Welcome back to Yahoo Finance Live, everyone. We are just minutes away from the closing bell. Major indices heading into the close mixed, but let's take a deeper dive at how they're faring with our very own Ines Ferre at the Interactive. Ines.

INES FERRE: And Rachelle, as we've seen in the past, the NASDAQ being the one that's losing the most out of the major averages, down more than 1%, as we head to end the session today. Looking at the Dow, that's relatively flat. The S&P 500 down almost half of a percent. Over on the sectors, we are seeing consumer discretionary, which is lagging the most. And you're looking at energy stocks that are outperforming.

On the NASDAQ 100, take a look here, the big culprit being Tesla, down more than 6%. This is part of consumer discretionary. Also looking at Amazon, down 2%, and we're seeing Starbucks down more than 4%. Looking at the Chinese ADRs, we are seeing a little bit of a mixed picture here. JP Morgan upgraded some of these stocks. We did have some disappointing economic data coming out of China. So we're looking at a mixed picture for today. Over on the electric vehicle stocks as well, a mixed picture here. You have BofA that upgraded Nio. That's up more than 1 and 1/2%.