US stocks mixed with Dow down, S&P up, Nasdaq gains; Tesla surges, IBM drops; jobless claims fall to 227,000.
On October 24, U.S. stocks closed mixed, with the Dow Jones Industrial Average down 0.33%, while the S&P 500 rose 0.21% and the Nasdaq Composite gained 0.76%. Tesla's shares surged nearly 22% after strong results, boosting the Nasdaq, while IBM's over 6% drop due to missed revenue targets negatively impacted the Dow. Additionally, weekly jobless claims unexpectedly fell to 227,000, although overall S&P 500 earnings growth remained modest at 3.4%.
October 24, 2024
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