Tesla's Strong Earnings Propel Nasdaq, Dow Continues Decline

Reported about 1 month ago

Tesla had its best trading day in over a decade, boosting the Nasdaq and S&P 500 after a surprising earnings report, while the Dow Jones fell further due to a significant drop in IBM shares. The Nasdaq gained approximately 0.8% and the S&P 500 added around 0.2%, but the Dow lost nearly 150 points. Tesla's stock surged over 20% as CEO Elon Musk forecasted strong electric vehicle sales growth for next year, but this enthusiasm did not extend to other major tech stocks.

Source: YAHOO

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