Tesla, airlines set to boost Wall Street at open

Published by
Reuters

By Bansari Mayur Kamdar and Sruthi Shankar (Reuters) -A surge in Tesla shares was set to lift U.S. equity indexes at the open on Thursday, with airline stocks providing added boost after United Airlines and American Airlines forecast a return to profitability in the current quarter. The world’s most valuable automaker jumped 9.4% in premarket trading after its results beat Wall Street expectations as higher prices helped it overcome supply-chain chaos and rising costs. Meanwhile, United Airlines Holdings Inc and American Airlines Group Inc rose 8.7% and 11.3%, respectively, after their upbeat …

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