Stocks rise, tech shares rebound as earnings roll in

Stocks rise, tech shares rebound as earnings roll in

U.S. stocks advanced Thursday as investors continued to monitor a steady stream of corporate earnings results against a backdrop of elevated inflation and further Fed policy tightening.

The S&P 500 rose by about 0.9% just after the opening bell. The Dow Jones Industrial Average also gained. The Nasdaq outperformed, rising by more than 1% to reverse some of Wednesday’s losses, when the tech-heavy index was weighed down by a slide in shares of Netflix. Meanwhile, Tesla (TLSA) shares jumped more…


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