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S&P 500 hits record high, Tesla record profit and revenue

London, Thursday, 21 October 2021-

As investors feel confident about strong earnings from U.S. companies, S&P 500 hits record high closing near 4,549 or up 0.3%

Tech firm HP and electric carmaker Tesla were some of the biggest winners, rising 6.9% and 3.3%, respectively.

Nasdaq: +0.62%

Dow Jones: -.0.02%

Ten-year U.S. Treasury notes added 3.3% to 1.689%

Dollar index: +0.24% to 93.78

VIX volatility index: -3.1% at 15.01

Brent crude: $84.77, down 1.2%

West Texas Intermediate: $82.66, down 0.9%

Gold: +0.05% to $1,783 per ounce

Silver: -0.6% to $24.14

Bitcoin: $62,580, plummeting 5.7% after recording and all-time high on Wednesday of $67,000

Tesla announced record profit and revenue late Wednesday for the third quarter.

Net income jumped 389% to $1.62 billion in July-September this year, the company’s revenue rose 57% to $13.8 billion.

(Written and edited by: The Decision Maker)


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