U.S. Stock Market Shows Mixed Results Amid Key Earnings Reports
Tesla's stock rallies following promise of cheaper EVs, while overall market sentiment is subdued ahead of GDP data release.
- Tesla's share price surged over 11% after the company announced plans for more affordable electric vehicles starting next year.
- Meta's upcoming earnings report is highly anticipated following a strong year of sales growth and improved margins.
- Investors are closely monitoring the release of Q1 GDP data, which could influence Federal Reserve's future interest rate decisions.
- Boeing's stock declined after reporting a significant quarterly loss and ongoing quality-control issues.
- Market volatility persists as sectors react differently to corporate earnings and economic forecasts.
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