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In Anticipation of US-CN Leaders Meeting, Nasdaq Ends Up 201 Pts; Tesla Ticks Up 2%+
24 Oct 2025 04:06
US President Donald Trump and Chinese President Xi Jinping are set to meet next Thursday during the APEC Summit in South Korea, leading to a wilder upswing in US bourse on Thursday afternoon.

The DJIA closed up 144 points or 0.3%, at 46,734. The S&P 500 gained 39 points or 0.6%, closing at 6,738. The Nasdaq finished up 201 points or 0.9%, at 22,941.

Tesla (TSLA.US) saw a 12% rebound in 3Q revenue, snapping a two-quarter decline, although earnings missed. The stock initially fell but closed up 2.3%. IBM (IBM.US) reported 3Q earnings and revenue beat, slowing its stock downfall to 0.9%.

American Airlines (AAL.US) logged a smaller-than-expected loss last quarter, with full-year earnings guidance better than expected, shoring the stock up 5.6%.

Some major techs fared well, with Oracle (ORCL.US) soaring 2.7%, and Nvidia (NVDA.US) and Amazon (AMZN.US) each hiking by about 1%. Apple (AAPL.US) added 0.4%.
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SG Top Picks
Stock & Type Code Strike(Call Level) Last Effective Gearing
TSLA (C) 10010 530 (-) 0.800 4.1 X
TSLA (P) 10011 370 (-) 0.460 3.4 X
META (C) 10003 900 (-) 0.405 6.8 X
META (P) 10757 700 (-) 1.190 3.7 X
AMZN (C) 10004 280 (-) 0.172 6.5 X
AMZN (P) 10700 180 (-) 0.085 6.0 X
Nvidia (C) 10055 230 (-) 0.335 4.6 X
Nvidia (P) 10057 165 (-) 0.167 3.8 X
APPLE (C) 10758 243 (-) 0.650 5.0 X
APPLE (P) 10793 210 (-) 0.061 7.5 X

 

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