The S&P 500 Index ($SPX) (SPY) this morning is up +0.33%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.11%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.97%.
US stock indexes are mixed, with the S&P 500 and Nasdaq 100 posting 1-week highs. Strength in technology stocks is leading the broader market higher. Tesla is up more than +12% 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 +4% after reporting better-than-expected Q1 adjusted Ebitda and raising its full-year adjusted Ebitda forecast.
