U.S. stocks traded mixed this morning, with the Dow Jones index gaining around 0.1% on Thursday.
Following the market opening Thursday, the Dow traded up 0.05% to 49,042.28 while the NASDAQ fell 0.34% to 23,776.71. The S&P 500 also fell, dropping, 0.01% to 6,978.03.
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Leading and Lagging Sectors
Communication services shares gained by 2.5% on Thursday.
In trading on Thursday, information technology stocks fell by 1.7%.
Top Headline
On Wednesday, Tesla Inc. (NASDAQ:TSLA) posted better-than-expected results for the fourth quarter and announced plans to invest approximately $2 billion into CEO Elon Musk’s artificial intelligence startup, xAI.
Tesla said preparations are underway in North America for production ramps of Tesla Semi and CyberCab, both set to commence in the first half of 2026. The company also plans to unveil the Gen 3 version of Optimus in the first quarter of …