S&P 500 and Nasdaq rise on Tesla beat, Dow falls on IBM revenue miss.

From Nasdaq: 2024-10-24 16:24:13

The S&P 500 rebounded as the Nasdaq surged after Tesla beat quarterly expectations. IBM’s revenue miss led to the Dow losing 140 points. Treasury yields began to ease as investors remained cautious about interest rate cuts.
Mortgage rates rise to nearly 7%, Yum Brands pulls onions due to E. coli outbreak, an analyst avoids Verizon stock, Boeing stock slips amid a potential strike, and two biotech stocks see significant movement.
Oil prices closed lower after fluctuating, while gold prices rose due to geopolitical tensions. Palladium gained attention as U.S. and allies discussed sanctions on Russian metals. Gold for December delivery climbed to $2,749.10 per ounce.



Read more at Nasdaq: S&P 500, Nasdaq Bounce Back; Dow Slips Yet Again