Stock market update: Dow Jones drops while Boeing and Tesla soar on earnings, Meta earnings on the horizon

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Stock market update: Dow Jones drops while Boeing and Tesla soar on earnings, Meta earnings on the horizon

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As the stock market prepares for another day of trading, Dow Jones futures and other major indexes are poised to extend their recent gains. Companies like Boeing and Tesla saw boosts in their stock prices following the release of their first-quarter earnings reports. Looking ahead, Meta Platforms is set to report its earnings after the market closes today.

In premarket action, Dow Jones futures were slightly down while S&P 500 futures were up, and Nasdaq 100 futures showed a notable increase. The 10-year Treasury yield saw a slight increase, while oil prices dipped slightly.

Notable stock movements included Tesla, which reported lower-than-expected earnings but saw a significant rise in its stock price, and companies like AT&T, Boeing, Texas Instruments, and Visa also saw positive movements.

Meta Platforms is set to report its earnings later today, with analysts projecting strong sales growth and a significant increase in earnings per share. The stock market saw gains on Tuesday, with the Dow Jones Industrial Average, S&P 500, and Nasdaq composite all showing positive momentum.

In today’s market, companies like Alphabet, Dexcom, On Holding, and Tradeweb Markets are among those to keep an eye on. American Express also showed promising movement, bouncing back in volume and entering a new buy area.

Overall, the stock market is showing signs of strength and resilience, but investors should remain cautious and stay informed about changing market conditions. It’s essential to track key companies, earnings reports, and market trends to make informed decisions about investments.

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