U.S. stocks closed mixed, with Tesla soaring nearly 22%

China Finance Online
2024.10.24 22:41
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US stocks closed mixed, with the Dow down 0.33%, the Nasdaq up 0.76%, and the S&P 500 up 0.21%. Tesla's stock price surged nearly 22%, marking its largest single-day gain since May 2013, with a market value increase of about $150 billion. Amazon, Meta, Nvidia, and Microsoft saw slight gains, while Google A and Apple saw slight declines. IBM fell more than 6%, while UPS rose over 5%. Popular Chinese concept stocks generally fell, with the Nasdaq Golden Dragon China Index down 0.82%

US stocks closed mixed, with the Dow down 0.33%, the Nasdaq up 0.76%, and the S&P 500 up 0.21%. Q3 earnings exceeded market expectations, with Tesla's stock price soaring nearly 22%, marking the largest single-day gain since May 2013, increasing its market value by about $150 billion. Amazon, Meta Platforms, Nvidia, and Microsoft rose by 0.9% to 0.03%, while Google A and Apple fell by up to 0.08%. AMD rose by 0.35%, Berkshire Hathaway Class B shares fell by 0.62%, Eli Lilly fell by 1.32%, and Taiwan Semiconductor ADR fell by 1.46%. IBM fell by over 6%, with Q3 consulting and infrastructure revenue below expectations. UPS rose by over 5%, with third-quarter non-GAAP diluted earnings per share of $1.76, up 12.1% from the same period last year. Popular Chinese concept stocks generally fell, with the Nasdaq Golden Dragon China Index down 0.82%. XPeng fell by over 6%, Nio fell by over 4%, Bilibili fell by over 2%, JD.com, Alibaba, NetEase, Tencent Music fell by over 1%, Pinduoduo, Weibo, Futu Holdings, Vipshop, Baidu, and Manbang slightly declined. Li Auto rose by over 1%