US stocks traded mixed on Wednesday as strong SpaceX results and AI enthusiasm boosted tech shares, while investors awaited earnings from Tesla and Meta Platforms.
The Dow Industrials leapt more than 500 points on Tuesday as traders grew confident over this earnings season.
The S&P 500 and Nasdaq clawed back some of their steep losses from the week before.
Technology stocks recovered from last week’s sell-off, lifting the Nasdaq 1% and the S&P 500 0.5% at the open. Tesla and Meta earnings are in focus, while oil prices edged lower.
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