REUTERS/David McNew
First, the scoreboard:
- Dow: 15,521.6, +50.1, +0.3%
- S&P 500: 1,698.9, +8.0, +0.4%
- NASDAQ: 3,672.4, +18.5, +0.5%
And now, the top stories:
- Weekly initial jobless claims ticked up to 333,000 this week, up from the last week's 328,000. Despite the slight uptick, the four-week moving average sits at the lowest level since November 2007.
- Shares of Tesla exploded higher today. Yesterday afternoon, the electric car maker shocked investors when it reported a surprise profit for the second quarter in a row. "HAHAHAHA," laughed CEO Elon Musk in response to a question about a competitor's car.
- Perhaps the only notable stock that outperformed Tesla was Groupon. The group-coupon seller reported second quarter earnings that were in line with expectations on stronger-than-expected sales.
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