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S&P 500 and Dow Jones rise after earnings
05:49
US
S&P 500 and Dow Jones rise after earnings
American stocks edged higher after a slew of corporate releases from corporations in the US. Tesla climbed more than 10% in extended trading after the company announced a renewed push into "more affordable" electric vehicle models. Visa and Texas Instruments jumped more than 2% and 6%, respectively, on the back of stronger-than-expected reports, underscoring a solid earnings season so far. S&P 500 and tech-heavy Nasdaq Composite continued recovering from their recent losing streaks. The blue-chip Dow closed the session more than 260 points higher, or nearly 0.7%, while the S&P 500 and Nasdaq each gained more than 1%.
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