Tesla's 5% earnings cheer up investors on Wall Street

The Dow Jones slightly advanced 0,3% to 27,837 points, the S&P 500 0,28% to 3,361 points and the Nasdaq rises 9,59% to 11,141 points.

Trader Peter Tuchman works on the floor at the opening of the day's trading at the New York Stock Exchange (NYSE) in Manhattan, New York City, US, December 22, 2016. REUTERS / Andrew Kelly

New York indices opened the last session of this week upwards with “contradictory information regarding the timing of the arrival of the Covic-19 vaccine and the possibility of new fiscal stimulus in the USA”, says Ramiro Loureiro, analyst at BCP investment baking.

Thus, the Dow Jones slightly increased 0,3% to 27,837 points, the S&P 500 0,28% to 3,361 points and the Nasdaq rose 0,59% to 11,141 points.

Tesla is among the most valued companies, rising 5,4% to $ 446,50, “in the week before the important Battery Day event”, adds the analyst. BioNTech also gained ground by growing 1,9% to $ 15,91, after the pharmaceutical company announced the acquisition of Novartis that will allow it to produce more than 500 million doses of the vaccine against Covid-19.

Pharmaceuticals Pfizer and Moderna also track the increases, 0,2% and 1,9% to $ 26,79 and $ 15,91, respectively.

Conversely, Beyond Meat is among the losers, down 4,7% to $ 149,83, while Texas Instruments drops 3% to $ 128,60. "The American semiconductor manufacturer raised the quarterly dividend from $ 0,90 to $ 1,02 per share," says Ramiro Loureiro.




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