Tesla rose over 10%, achieving its best intraday performance in more than four months, while the Nasdaq increased by 2%. Hyundai will announce a $20 billion investment plan in the United States

Wallstreetcn
2025.03.24 14:32

The Nasdaq Composite Index rose by 2.0% during the day, reaching 18,139.56 points. The S&P 500 Index is currently up 1.52%, and the Dow Jones Industrial Average has increased by 527 points, a rise of 1.2%.

Tesla's gains have expanded to 10.35%, marking (at least) the largest intraday increase since November 11, 2024, and leading among the seven tech giants in the U.S. The company is seeking approval from Chinese regulators to offer more advanced Full Self-Driving (FSD) features. Earlier on March 24, Tesla responded to the suspension of FSD rollouts, stating that all parties are actively advancing the relevant processes, and once ready, it will be pushed out as soon as possible.

Nvidia rose by 2.3%, MSTR increased by 8.4%, Coinbase gained 5.6%, TSMC ADR rose by 2.7%, quantum computing concept stock QUBT increased by 9.7%, Apple rose by 0.7%, and Google A increased by 2.3%.

The White House announced that Hyundai will announce plans to invest $20 billion in the U.S

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