U.S. stocks traded slightly higher this morning, following the release of jobless claims data.
Following the market opening Thursday, the Dow traded up 0.03% to 33,675.56 while the NASDAQ rose 0.09% to 13,326.17. The S&P 500 also rose, gaining, 0.04% to 4,316.43.
Check This Out: Best Buy To Rally More Than 21%? Here Are 10 Top Analyst Forecasts For Thursday
Leading and Lagging Sectors
Communication services shares climbed by 1.2% on Thursday.
In trading on Thursday, energy shares fell by 1%.
Top Headline
Tesla Inc (NASDAQ: TSLA) reported weaker-than-expected earnings and sales results for its third quarter on Wednesday.
Tesla reported third-quarter revenue of $23.35 billion, which was up 9% year-over-year. The revenue total missed a Street consensus estimate of $24.38 billion. The company reported adjusted earnings per share of 66 cents in the third quarter, which missed a Street consensus estimate of 73 cents.
The company also said Cybertruck began pilot production in the third quarter at Gigafactory Texas, with deliveries anticipated for November 2023.
Equities Trading UP
SeaStar Medical Holding Corporation (NASDAQ: ICU) shares shot up 41% to $1.09. SeaStar medical shares jumped 70% on Wednesday after the FDA granted the company's Selective Cytopheretic Device Breakthrough Device Designation for hepatorenal ...