April’s sharp stock-market selloff has taken Wall Street’s most extreme bullish sentiment down a couple of notches. But the tone isn’t yet bad enough to imply an attractive entry point for investors,

Despite missing expectations for the first quarter, Tesla stock still staged a comeback in after-hours trading on talk of new, more affordable models.

U.S. stocks are drifting lower Wednesday, as Wall Street’s big week so far lets off the accelerator. The S&P 500 was 0.3% lower in afternoon trading. Its two-day winning streak to start the week erased nearly two-thirds of last week’s steep loss.