🚗Tesla gains 10%; the largest intraday growth since November 2024
Wall Street gains as the new trading week begins. The US100 is currently up 1.5%, while the US500 is up 1.3%. As the upcoming April 2 deadline for finalizing all changes to mutual tariffs becomes priced in by markets, Trump’s new comments about possible flexibility on trade are increasing risk appetite. What’s more, the expiration of the previous futures contracts, which end the first quarterly market trading of 2025, is reallocating some capital that was recently under pressure from a 10%+ decline in major US indices.
Start investing today or test a free demo
Open account Try demo Download mobile app Download mobile appThe US100 is already up 1.5% and is back above the 200-day EMA (golden line on the chart). Source: xStation
Among the individual stocks, Tesla stands out today, currently up 10% and leading the gains among the Magnificent Seven tech stocks. At the same time, Meta shares rose 3.55%, Nvidia and Amazon each gained 3.3%, Alphabet rose 2.0%, Microsoft gained 0.21% and Apple gained 0.5%.
Tesla is moving forward with the process of obtaining Chinese regulatory approval for its more advanced driver assistance features in hardware 3.0 and 4.0. The company plans to introduce its intelligent driving assistance feature in China once the relevant software is approved.
Big Techs lead today’s gains. Source: xStation
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
