Minutes into the trade, the Dow Jones Industrial Average rose 29.96 points or 0.08%, S&P 500 also rose over 0.13%, while Nasdaq was up 0.01%. (Image: NDTV Profit) Show Quick Read Summary is AI Generated. Newsroom Reviewed

S&P 500 and Dow Jones Industrial Average were flat on Thursday after Tesla and IBM announced their third quarter earnings. Minutes into the trade, the Dow Jones Industrial Average rose 29.96 points or 0.08%, S&P 500 also rose over 0.13%, while Nasdaq was up 0.01%.

Tesla and IBM were down over 5% after announcing their earnings. Tesla’s profit plunged as rising costs undercut a record quarter of vehicle sales, exposing strains on its operations. Adjusted earnings were 50 cents a share in the period, down 31% from a year ago, the company said Wednesday in a statemen

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