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Barchart
Barchart
Rich Asplund

Stocks Fluctuate on Rising Bond Yields

The S&P 500 Index ($SPX) (SPY) is up +0.15%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.09%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.33%. 

US stock indexes are fluctuating this afternoon. Tesla is up more than +10% after reporting weaker-than-expected Q1 EPS but saying it will accelerate the launch of less-expensive models as soon as this year.  Also, semiconductor stocks are climbing after Texas Instruments reported stronger-than-expected Q1 revenue and forecasted Q2 revenue above consensus.  In addition, Hilton Worldwide Holdings is up more than +4% after reporting better-than-expected Q1 adjusted Ebitda and raising its full-year adjusted Ebitda forecast.

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