Global Shares Gain As Trillion-dollar Tesla Brightens Tech Sector And Commodities Cool Off

US politicians often place major bets on Wall Street. Angela Weiss/Getty Images US futures rise, with the Nasdaq 100 boosted by Tesla's surge to $1,000, with more Big Tech earnings due. Third-quarter earnings are coming in strong, helping dispel some concern around inflation. A fourth Chinese property firm has defaulted on its overseas debt, rattling regional markets. Global shares climbed on Tuesday, propelled by strong earnings, particularly across the technology sector, where shares in Tesla surged to record highs, that has helped soothe some of the deeper fears around a damaging spike in inflation over the longer term.

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