Tesla put the US earnings season back on track last night after the electric car company led by Elon Musk reported a bigger-than-expected jump in sales and profits.
Musk highlighted potential supply chain issues but shares were 5% higher in Wall Street after-hours trading. The update boosted sentiment after a shock fall in Netflix subscriber numbers sent the streaming giant’s shares more than 35% lower by last night’s close.
As well as US earnings from Philip Morris and AT&T due later, investors will be interested in comments from the heads of the Bank of England, Federal Reserve and European Central Bank at gatherings in the United States.
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