Nasdaq jumps over 2% as Tesla leads gains

Wednesday, 12. August 2020 16:56

The Nasdaq 100 soared more than 2% and more than 200 points on Wednesday, led by a surge of Tesla Inc's stocks. The automaker opened the session as the top performer after it announced a 5-for-1 stock split the day before.

The Nasdaq 100 gained 2.17% or 236 points at 11:08 am ET, while the Dow Jones Industrial Average advanced by 0.93% or 258 points at the same time. The S&P 500 rose by 1.31% a minute later.

The euro increased by 0.46% versus the dollar at 11:10 am ET, selling for $1.17926.

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Breaking the News / BU