Dow Falls 150 Points; Tesla Posts Upbeat Earnings

U.S. stocks traded mixed this morning, with the Dow Jones index falling around 150 points on Thursday.

Following the market opening Thursday, the Dow traded down 0.41% to 42,339.29 while the NASDAQ rose 0.52% to 18,371.25. The S&P 500 also rose, gaining, 0.13% to 5,804.31.

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Leading and Lagging SectorsConsumer discretionary shares rose by 2.5% on Thursday.

In trading on Thursday, materials shares fell by 0.7%.

Top Headline

After the closing bell on Wednesday, Tesla Inc. (NASDAQ:TSLA) reported stronger-than-expected earnings for its third quarter, while sales missed estimates.

The automaker reported third-quarter earnings per share of 72 cents, beating a Street consensus estimate of 58 cents per share

Equities Trading UP                       

Nxu, Inc. (NASDAQ:NXU) shares shot up 233% to $0.8444. Nxu and Verde Bioresins reported a proposed merger.

Shares of Linkage Global Inc (NASDAQ:LGCB) got a boost, surging 123% to $0.5889. ...