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.
Similar Stories to Global Shares Gain As Trillion-dollar Tesla Brightens Tech Sector And Commodities Cool Off on Bing News
avcooper@businessinsider.com (Amanda Cooper), Business Insider
Tue, 10/26/2021 - 2:08am
Topics: wall street angela weiss/getty images big tech third-quarter global s&p dow jones hertz microsoft google alphabet reuters deutsche bank jim reid federal reserve chair jerome powell cathie wood jack dorsey twitter ceo europe stoxx london's ftse frankfurt's dax swiss ubs zurich hong kong's hang seng shanghai composite seoul's kospi tokyo's nikkei the chinese modern land china co wti london metal exchange uk read business insider nasdaq tesla chinese twitter modern land evergrande gain commodities tech sector earnings futures inflation supply debt major season markets record highs tuesday pressures company strong concern fell expectations fourth property missed overseas firm companies lumber pushed inflationary rose payment mixed copper rising raw coal indices crude profits prices
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