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Tesla and Amazon Gain as Nasdaq Edges Lower in Mixed U.S. Session

The Dow rose 1% and the S&P 500 added 0.3%, while the Nasdaq Composite fell less than 0.1%.

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Pedestrians pass the Nasdaq MarketSite in Times Square during the late afternoon in New York City. (AI-generated image / EconoTimes)
Pedestrians pass the Nasdaq MarketSite in Times Square during the late afternoon in New York City. (AI-generated image / EconoTimes)

Tesla and Amazon were the only Magnificent Seven stocks to gain Tuesday, Oct. 20, as the Dow advanced and the Nasdaq Composite ended slightly lower in a divided U.S. market.

Tesla closed at $373.71, up 1.54%, while Amazon finished at $262.63, up 0.07%. Nvidia slipped 0.29% to $216.47, and Microsoft fell 0.31% to $531.87. Apple ended 1% lower at $339.50, Alphabet dropped 1.13% to $340.28, and Meta Platforms had the group’s largest decline, down 1.59% to $694.25.

The Dow rose 1% and the S&P 500 gained 0.3%; the Nasdaq Composite lost less than 0.1%. The figures reflect the regular-session close at 4 p.m. ET (20:00 UTC).

As of the Oct. 20 close, Tesla and Meta were scheduled to report third-quarter results after the market closed Wednesday, Oct. 21. FactSet had expected 79 S&P 500 companies to report results during the week beginning Oct. 19, including both companies.

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