S&P 500 Gains Led by Tesla; Newmont Falls on Earnings Miss

$S&P 500 Index (.SPX.US)$ rose 0.2% on Thursday, driven by strong earnings from Tesla and others. Meanwhile, $Nasdaq Composite Index (.IXIC.US)$ gained 0.8%, and $Dow Jones Industrial Average (.DJI.US)$ fell 0.3%.

$Tesla (TSLA.US)$ stock soared 21.9% after posting better-than-expected Q3 profits and a higher gross margin. The company also reaffirmed its plan for an affordable EV model.

$Molina Healthcare (MOH.US)$ surged 17.7% due to strong premium revenue from Medicaid plans.
$West Pharmaceutical Services (WST.US)$ jumped 15.4% after exceeding Q3 earnings expectations.

On the downside:

$Newmont (NEM.US)$ plunged 14.7% as rising costs weighed on earnings, missing estimates.
$Teradyne (TER.US)$ dropped 11%, despite beating forecasts, due to concerns over future operating expenses.