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US Equities Markets End Mixed Thursday as Tesla Surges
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US Equities Markets End Mixed Thursday as Tesla Surges
Oct 25, 2024 10:48 PM

04:08 PM EDT, 10/24/2024 (MT Newswires) -- US benchmark equity indexes ended mixed Thursday as Tesla (TSLA) shares surged.

* Tesla jumped 22%, a day after the electric vehicle maker posted a surprise gain in Q3 earnings and issued a bullish outlook on 2025 volume growth.

* December West Texas Intermediate crude oil fell $0.58 to $70.19 a barrel, while December Brent crude, the global benchmark, dropped $0.72 to $74.24 amid rising US inventories and robust supply.

* New-home sales in the US rose more than expected last month, while median prices at the national level picked up sequentially and annually, government data showed.

* US private-sector output expanded in October, while the year-ahead outlook reached a 29-month high, according to S&P Global's ( SPGI ) flash purchasing managers' index.

* IBM ( IBM ) shares fell 6.2%, a day after the company posted Q3 revenue that trailed estimates and declines in consulting and infrastructure segments.

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