Major U.S. indices finished mixed on Thursday after a week dominated by earnings results and concerns over rising interest rates.
The Dow Jones Industrial Average fell by 140.6 points, or 0.3%, closing at 42,374.36, and the S&P 500 rose by 0.2% to settle at 5,809.9, marking its first positive day in a week. The Nasdaq Composite also rebounded, climbing 0.8% to close at 18,415.5.
Tesla was the standout performer, soaring nearly 22% after delivering third-quarter results that exceeded analysts' expectations, marking the company's best trading day since 2013.
Molina Healthcare also saw a significant rise, gaining 17.7% due to better-than-expected earnings and revenue figures.
Other strong performers included Whirlpool and UPS, both of which saw gains following positive earnings reports.
Conversely, IBM dragged the Dow down with a 6% decline after its consulting revenue narrowly missed expectations.
Boeing also experienced a setback, slipping 1.2% as machinists rejected a new labour contract proposal.
The broader market continues to digest mixed earnings results, with around 160 companies in the S&P 500 having reported quarterly results so far, showing generally lacklustre growth.
On the bond markets, Treasury yields eased after hitting three-month highs earlier in the week. The 10-year Treasury yield, which peaked at 4.25% on Wednesday, pulled back, with the 2-year rate standing at 4.079%.