Stock market today: Nasdaq pops, Tesla surges after earnings with more heavyweights on deck

News Snapshot:

Tech stocks rose on Wednesday, outstripping the broader market as investors welcomed Tesla's (TSLA) cheaper car pledge and waited for the next rush of corporate earnings. The Nasdaq Composite (^IXIC) rose roughly 0.6%, coming off a sharp closing gain. The S&P 500 (^GSPC) was up 0.2%, continuing a rebound from its longest losing streak of 2024, while the Dow Jones Industrial Average (^DJI) fell 0.1%. Tesla shares jumped nearly 12% after the EV maker's vow to speed up the launch of more affordable models eclipsed its quarterly earnings and revenue miss. That cheered up investors worried about growth amid a...