The S&P 500 Index ($SPX) (SPY) this morning is down -0.05%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.21%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.52%.
US stock indexes are mixed, with the Nasdaq 100 posting a 1-week high. Strength in technology stocks is supportive of the overall market. Tesla is up more than +11% despite reporting weaker-than-expected Q1 EPS after it said 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 +6% after reporting better-than-expected Q1 adjusted Ebitda and raising its full-year adjusted Ebitda forecast.
