Strong Fourth-Quarter GDP Lifts Stocks; Tesla (TSLA) to Report After Closing Bell

U.S. stocks began Thursday’s session slightly higher, buoyed by better-than-expected fourth-quarter GDP and first-time jobless claims. The Dow Jones Industrial Average rose 0.6%, the S&P 500 index jumped 1.1%, the Nasdaq Composite leapt 1.7%, and the small-cap Russell 2000 gained 0.6%.

On Tuesday, the Dow Jones Industrial Average increased by 104 points (0.31%) to 33,733, the S&P 500 decreased by 3 points (0.07%) to 4,016.95, and the Nasdaq Composite fell by 30 points (0.27%) to 11,334. The 10-year U.S. Treasury note’s yield saw an increase to 3.477% on Thursday, up from 3.461% the day The WSJ Dollar Index experienced a slight increase of less than 0.[0]

On Thursday morning, the 10-year U.S. Treasury yield rose to 3.5%, aiming to recuperate after a two-day decrease. Bonds have advanced for four weeks in a row, which has caused the yield on the 10-year bond to drop to near its September midpoint.[1] At 1:12 p.m. Eastern Time (6:12 p.m. Greenwich Mean Time), the Dow Jones Industrial Average had risen 46 points, or 0.1%, with the S&P 500 increasing by 0.4%, and the NASDAQ Composite rising

At 4:01 PM Eastern Time (9:01 PM Greenwich Mean Time), the Dow Jones Industrial Average had increased by 205 points or 0.6%, while the S&P 500 had grown by 1.1%, and the NASDAQ Composite had risen by 1.7 The yield on the 10-year Treasury increased by 3 basis points to 3.49%. Dow Futures -0.51%.[2] Tesla (TSLA) will release its fourth-quarter results after the close of today’s trading session for stocks that are widely held. It is predicted by analysts that earnings will increase by 33% to $1.13 per share and revenue will grow by 39% to $24.67 billion.[3]

Tesla (TSLA) is due to announce its quarterly results after the market closes. It is estimated that Elon Musk’s electric vehicle manufacturer will make $1.11 per share in profits, on revenue of $24.3[4] Investors will be monitoring delivery guidance and clues about a forthcoming CEO transition.[4] The value of Tesla stock[0] After markets closed on Wednesday, the electric-car manufacturer reported a record quarterly profit.[0]

0. “Stocks Close Higher, With Earnings and Economic Data in Focus” The Wall Street Journal, 26 Jan. 2023,

1. “Dow Jones Reverses After Key Economic Data; Tesla Stock Surges On Earnings, Musk Comments” Investor’s Business Daily, 26 Jan. 2023,

2. “US stock futures slide ahead of the open on corporate caution” ForexLive, 24 Jan. 2023,

3. “Nasdaq Slides 2% As Microsoft, Other Earnings Hurt Stock Market” Investor’s Business Daily, 25 Jan. 2023,

4. “6 stocks to watch on Wednesday: Microsoft, AT&T, Capital One and more (NASDAQ:MSFT)” Seeking Alpha, 25 Jan. 2023,