Asia markets split after Tesla boosts Wall Street [Yahoo! Finance]
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Source: Yahoo! Finance
Elon Musk's company surged nearly 22 percent after higher earnings ended a streak of disappointing results and helped lift the Nasdaq and S&P 500, while the Dow was pulled lower by disappointing results from IBM and Honeywell. European indices rose overnight, with investors anticipating interest rate cuts, while oil prices climbed then fell in more volatile trade for the crude market. "US shares are somewhat mixed at the close" and "for a change, the US dollar has actually lost value", said Phil Dobbie on National Australia Bank's Morning Call podcast. US Treasury yields have pushed higher in recent days, although they retreated on Thursday. Uncertainty on trading floors is also heightened less than two weeks ahead of US elections, with the outcome still far from clear. Observers say some dealers are eyeing a win for Donald Trump and policies such as tax cuts that could stoke inflation. That, along with a strong run of US economic data and remarks from Federal Reserve offic
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