Market Indexes Rally as Tesla and Goldman Sachs Take the Wheel
Yahoo Finance ·
On Wednesday, I suggested that the rest of the week should be calm . Maybe I jinxed the market in a bullish way. Stocks rallied broadly on Thursday. The Nasdaq Composite ( ^IXIC +1.52% ) rose 1.3% as of 1:29 p.m. ET, the Dow Jones Industrial Average ( ^DJI +1.17% ) climbed 1.1%, and the S&P 500 ( ^GSPC +1.11% ) added 1%. All three indexes are now slightly up from last Thursday's closing scores. Yesterday, they seemed destined for a down week. The biggest single push behind the Nasdaq Composite came from Space Exploration Technologies ( SPCX +7.63% ) , up 7.8% and worth 0.29 percentage points of the index move on its own. Tesla ( TSLA +6.77% ) followed with a 7% jump, good for another 0.19 points. Tesla is unveiling a two-seat robotaxi at a Cybercab event in Austin after the close tonight, and SpaceX went along for the ride on the strength of a shared chief executive.
DYAX Investor Sentiment
Bullish (Long) 51% · Bearish (Short) 49%
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