CSSE - Nasdaq Rises 0.5%; Tesla Shares Jump After Q1 Results | Benzinga
U.S. stocks traded mixed this morning, with the Nasdaq Composite gaining around 0.5% on Wednesday.
Following the market opening Wednesday, the Dow traded down 0.10% to 38,465.33 while the NASDAQ rose 0.51% to 15,775.95. The S&P 500 also rose, gaining, 0.19% to 5,080.34.
Check This Out: Tesla To $180? Here Are 10 Top Analyst Forecasts For Wednesday
Leading and Lagging Sectors
Consumer discretionary shares climbed by 1% on Wednesday.
In trading on Wednesday, industrials shares fell by 0.5%.
Top Headline
Shares of Tesla Inc. (NASDAQ:TSLA) gained around 10% during Wednesday's session following the release of quarterly results.
Tesla posted weaker-than-expected earnings and sales results for its first quarter on Tuesday. The company reported first-quarter revenue of $21.3 billion, which missed a Street consensus estimate of $22.15 billion.
The electric vehicle giant also announced plans to speed up the launch of new models.
Equities Trading UP
- BranchOut Food Inc. (NASDAQ:BOF) shares shot up 90% ...