Tesla shares soar 21.92% and boost markets

The Tesla company, which designs, manufactures and sells electric cars, components for the propulsion of electric vehicles and solar roofs, made the day for the Nasdaq and the S&P 500, which rose yesterday driven by the optimistic profit forecasts of the American company , which lifted the spirits of the markets, after a liquidation in the previous session, beginning the presentation of results of mega-cap companies on a promising note.

The Nasdaq, widely occupied by technology companies, rose 0.75 percent this Thursday, to close at 18,413.91 points, while the S&P 500 gained 0.21 percent and ended at 5,809.86 points.

Tesla shares soared 21.92 percent and added $140 billion to the electric car maker’s market value, after announcing solid third-quarter earnings and surprising investors with a prediction of earnings growth. sales of between 20 and 30 percent next year.

For its part, the Dow Jones, one of the top 30 largest companies in the United States, fell 0.33 percent, to 42,374.36 units.

Debt interests keep pressure on the markets. The required yield on the 10-year US bond has risen practically 0.5 percentage points since October began at 3.74 percent. In this Thursday’s session the titles were located at 4.214 percent, although previously they were around 4.24 percent.

Given this environment, the DXY index, which measures the behavior of the dollar against a basket of six currencies, fell 0.38 percent, to 103,880 points.

As the United States elections approach (November 5), the information from pollsters varies, but the probability that Donald Trump returns to the White House remains on the radar of investors.

Meanwhile, the Mexican peso was quoted at times at 19.82 per dollar, and then depreciated towards 19.85, amid the announcements about the yields of US Treasury bonds and in the face of inflation in Mexico, which accelerated again in the first half of October. However, analysts predict that the outlook for the monetary authority to lower the reference rate in November will not change.

The peso, with a highly volatile behavior, registered a daily depreciation of 0.14 percent, to 19.8510 units per dollar spot.

According to data from the Bank of Mexico (BdeM), the exchange rate operated between a maximum of 19.8900 units and a minimum of 19.8080.

In yesterday’s volatile session, after learning that the United States and Israel will try to resume talks for a possible ceasefire in Gaza, Brent crude oil futures fell 0.8 percent, to $74.38 a barrel, while West Texas crude oil futures fell 0.8 percent to $74.38 a barrel. Intermediate (WTI) fell 0.8 percent, to $70.19.