The S&P 500 rose for a sixth day in a row on Thursday after the equity benchmark closed at a record following commentary from the Federal Reserve in the prior session.
The S&P 500 gained 0.2%, while the Dow Jones Industrial Average was trading near the flatline. The tech-heavy Nasdaq Composite rose 0.2%. All three averages finished the prior session at record highs.
Tesla shares rose more than 1% to a new high.
Qualcomm led gainers on the S&P 500, rallying 15% following an earnings beat propelled by a 56% surge in smartphone chip sales. The company also provide strong guidance for the fourth quarter.
MGM shares gained nearly 5% after the casino operator announcing plans to sell the operations of its Mirage casino in Las Vegas to another operator. The company noted that no sales agreement had been reached and it did not mention any possible buyers.
Fastly's stock rose 8% as its third quarter performance exceeded market expectations, and some lost users were observed to return.
Yet Moderna shares cratered after the drugmaker slashed its Covid-19 vaccine revenue outlook. The sotck was last down about 11%.
And Roku was under pressure, falling more than 7% after the streaming platform reported disappointing third-quarter revenue.
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