The Dow Jones Industrial Average hit session highs Thursday midday amid Senate Majority Leader Mitch McConnell’s stimulus comments, rising more than 175 points to again top the 30,000 level. Tesla stock raced higher on an analyst upgrade. Hot IPO stocks CrowdStrike and Snowflake surged on earnings.
Tesla (TSLA) advanced more than 3% early Thursday on an analyst upgrade, approaching Monday’s record high. Hot IPO stocks CrowdStrike (CRWD) and Snowflake (SNOW) reported earnings late Wednesday. CrowdStrike soared 15%, while Snowflake reversed from early losses to surge 11%.