"Stocks Surge on Strong GDP Growth, Tesla Slides"
TL;DR Summary
US stocks rose despite Tesla's downbeat earnings, with the Dow Jones Industrial Average and S&P 500 reaching record highs following a stronger-than-expected US economic growth reading of 3.3% in the fourth quarter. Tesla's shares dropped 8% after warning of slower EV production growth. Airline stocks rose after FAA clearance for Boeing 737 Max 9 planes to return to service, and oil futures rallied following the US economic growth print, with West Texas Intermediate crossing $76 a barrel.
- Stock market today: Stocks rise as GDP growth beats, Tesla slides Yahoo Finance
- Dow Jones Futures: Tesla Plunges On 'Notably Lower' Growth Forecast; Humana Dives On Warning Investor's Business Daily
- Stocks rise after GDP report shows strong growth and slowing inflation: Live updates CNBC
- Wall St eyes higher open after strong GDP data; Tesla slides on growth warning Colorado Springs Gazette
- Wall St rises after strong GDP data; Tesla drops to 8-month low Reuters
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