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Stock market today: Dow, S&P 500, Nasdaq mixed as Tesla, Meta, Microsoft diverge after earnings
['Thu', 'January', 'At P.M. Gmt', 'Min Read', 'Jake Conley', "Grace O'Donnell", 'Jenny Mccall', 'Karen Friar', 'Rian Howlett']
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US stocks opened Thursday on mixed footing as investors digested the latest megacap tech earnings ahead of Apple's report, while gold (GC=F) and oil (BZ=F) rallied amid fears of US military strikes on Iran.
The S&P 500 (^GSPC) picked up roughly 0.1%, while the tech-heavy Nasdaq Composite (^IXIC) moved the other way to shed roughly 0.5%.
The S&P 500 (^GSPC) is trying to again top 7,000 as Meta (META) shares surged over 9% early in the session, thanks to a surprisingly strong quarterly revenue outlook.
Meanwhile, Tesla (TSLA) flipped to a loss at the open, as a strategy shift from EVs to robots and a quarterly earnings beat came with its first-ever decline in annual revenue.
Investors are now gearing up for Apple’s (AAPL) quarterly earnings, due after the closing bell.