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US stock indices gain ground on the back of strong corporate earnings
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US stock indices gain ground on the back of strong corporate earnings
Nov 3, 2024 12:05 PM

Most US stock indices - except the Dow- gained ground today as investors assess corporate results.

Teslas stock surged 17% after reporting strong results in the third quarter and higher deliveries.

Otherwise, earlier US data showed unemployment claims fell by 15 thousand to 227 thousand last week, while analysts expected a rise to 245 thousand.

Conversely, US two-year treasury yields fell by 2.5 basis points to 4.062%.

US 10-year treasury yields fell by two basis points to 4.222%, while 30-year treasury yields fell by 1.5 basis points to 4.499%.

On trading, Dow Jones fell 0.3% as of 14:46 GMT to 42371 points, while SP 500 rose 0.2%, or 12 points to 5809 points, while NASDAQ added 0.6%, or 113 points to 18,390 points.

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