AFP Asia Business
Asia markets split after Tesla boosts Wall Street
Japanese shares fell but Chinese markets gained in a disjointed start to Asian trade on Friday, after Wall Street cheered strong results from electric car giant Tesla.Elon Musk’s company surged nearly 22 percent after higher earnings ended a streak of disappointing results and helped lift the Nasdaq and S&P 500, while the Dow was pulled …
Asia markets split after Tesla boosts Wall Street Read More »
Tesla helps drive stocks mostly higher
Wall Street stocks finished mostly higher Thursday as markets cheered strong results from Tesla and as US Treasury bond yields pulled back.Elon Musk’s electric vehicle company piled on nearly 22 percent after reporting higher earnings, ending a streak of disappointing results.Deutsche Bank called Tesla’s profit margins “impressive,” adding that Musk’s commentary on 2025 sales was …