Stocks Mixed After Tesla and Netflix Earnings; Powell Speech Ahead as Yields Surge
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Dow Jones futures rose slightly after hours, along with S&P 500 and Nasdaq futures, following a down day for the stock market.
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Tesla earnings tumbled more than expected. Cybertruck deliveries start in November but Elon Musk warned about tempering expectations.
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Netflix jumped late on stronger-than-expected earnings and subscriber growth. The streaming giant also plans to hike prices.
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Lam Research beat earnings views but its stock fell on weak guidance. Its results are key for chip-equipment makers.
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The 10-year Treasury yield hit a 16-year high near 5%, weighing on stocks. Fed chief Jerome Powell speaks Thursday.