Tesla Stock’s 8% Surge Drives Market Rally

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Tesla Stock’s 8% Surge Drives Market Rally
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The Dow Jones Industrial Average rose 330 points as the stock market looked to put a dismal 2022 in the rearview mirror.

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Shares of Tesla, one of the worst-performing major stocks of 2022, jumped Thursday amid a broader gain in the stock market, which looks to cap a no good, very bad year on a positive note.Tesla shares rose 8% to $121.68 in early trading, building off of Wednesday’s 3.3% gain and wiping away itsThe American automaker fueled a 1.6% jump for the S&P 500 and a 2.

Bond markets also climbed, with yields on 10-year U.S. Treasury notes down two basis points to 3.86%.

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