US EditionUS Stocks Hit Another Record as Tesla and Nike Rally
- U.S. stocks rose on Wednesday, with the S&P 500 hitting a record high for the third time in four days amid gains in Tesla and Nike.
- This market rise followed Tesla reporting delivery of nearly 374,000 vehicles last quarter, slightly below estimates, and a new trade deal announced by President Trump with Vietnam.
- The Dow Jones fell slightly by less than 0.1%, while the Nasdaq rose 0.9%, and international indexes showed mixed results including France's CAC 40 up 1% and Japan's Nikkei down 0.6%.
- Tesla's deliveries declined 14% year-on-year but beat expectations, Nike's stock rose 4.1% aided by manufacturing in Vietnam, and Constellation Brands climbed 4.5% despite weaker quarterly profits affected by tariffs.
- The strong market performance suggests continued investor confidence despite job market hesitancy, pending a highly anticipated U.S. jobs report due Thursday that could influence Federal Reserve rate decisions.
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49 Articles
U.S. Stocks Prime Again: S&P 500 Hits New Peak Amid Market Optimism - Real News Now
On Wednesday, U.S. stocks saw a modest boost, reaching a new peak once more. The S&P 500 experienced a half a percent increase, achieving an all-time high three times in four days, emblematic of bullish market sentiments. However, the Dow Jones Industrial Average saw a marginal decrease of 10 points, a change of less than 0.1%. In contrast, the Nasdaq composite experienced an uptick, registering gains of approximately 0.9%. Contributing to the u…
Stocks Rise to New Records on Wednesday While Fed, Investors Watch for Jobs Report
U.S. stocks ticked higher on Wednesday to hit another all-time high. The S&P 500 rose 0.5% and set a record for the third time in four days. The Dow Jones Industrial Average edged down by 10 points, or less than 0.1%, and the Nasdaq composite gained 0.9%. Tesla helped drive the market higher and rose 5% after saying it delivered nearly 374,000 of its Model 3 and Model Y automobiles last quarter. That was better than analysts expected, though the…
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U.S. stocks hit another record as Tesla and Nike rally
U.S. Stocks set an all-time high for the third time in four days.
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