Stocks Traded Mixed amid Earnings
- Thursday, October 24, 2019, 10:25
- Stock Market
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U.S. stocks were traded mixed in the early on Thursday as investors closely monitored a busy session for earnings releases. The Dow Jones Industrial Average lately fell 49.14 points, or 0.18%, to 26,784.81. The S&P 500 was up 3.27 points, or 0.11%, to 3,007.79. The Nasdaq Composite rose 40.34 points, or 0.50%, to 8,160.13.
Tesla (TSLA) unexpectedly turned a profit in the third quarter. Tesla said it earned $143 million in the third quarter, or 80 cents a share, compared with $311 million, or $1.82 a share, in the year-ago quarter. Adjusted for one-time items, Tesla earned $342 million, or $1.91 a share, compared with adjusted earnings of $3.02 a year ago.
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