Beautiful Virgin Islands

Sunday, Mar 29, 2026

Stocks hit records ahead of Tesla earnings

Stocks hit records ahead of Tesla earnings

Alphabet, Amazon, Apple, Facebook, Microsoft and Tesla all report this week

U.S. stock indexes battled to record highs Monday as investors awaited a busy week for earnings reporting from Big Tech and the latest policy decision from the Federal Reserve.

The Dow Jones Industrial Average climbed 88 points, or 0.25%, while the S&P 500 and the Nasdaq Composite advanced 0.24% and 0.03%, respectively. The early gains came after all three of the major averages closed at all-time highs on Friday and as the Fed was set to kick off its latest policy meeting.


The Fed will start a two-day meeting on Tuesday. While no changes to its policy are expected, traders will be paying close attention to the central bank's commentary around inflation and when it may begin to taper its asset purchase program and start to raise interest rates.

In stocks, Tesla Inc. will be the first of several mega-cap tech companies to report earnings this week when the electric-car maker releases its results after Monday’s close.


Alphabet Inc., Apple Inc. and Microsoft Inc. will all report after Tuesday’s closing bell with Facebook Inc. on Wednesday and Amazon Inc. rounding out the releases following Thursday’s market close.


Elsewhere, crypto-linked companies surged as bitcoin topped $39,000 a coin following speculation Amazon was gearing up to accept the digital token. Bitcoin has rallied 31% since closing below $30,000 for the first time this year on July 19.


Meanwhile, Chinese stocks traded in the U.S., including Alibaba Group and Baidu Inc. were sharply lower as regulators continued to tighten restrictions, ordering Tencent to give up its exclusive music licensing rights and announcing new rules for private tutoring companies. Authorities earlier this month initiated a cybersecurity probe against ride-hailing giant Didi Global Inc.


In earnings, Hasbro Inc. reported earnings and revenue that exceeded Wall Street estimates as revenue from its entertainment business, which includes "Peppa Pig," soared 47% from a year ago.


In commodities, West Texas Intermediate crude oil slid 16 cents to $71.57 a barrel and gold lost $2.70 to $1,798.70 an ounce.

Overseas markets were mostly weaker.

European bourses were mixed with Germany’s DAX 30 declining 0.32%, Britain’s FTSE 100 slipping 0.03% and France's CAC 30 rising 0.15%.

In Asia, Hong Kong’s Hang Seng index plunged 4.13% and China’s Shanghai Composite tumbled 2.34% as Chinese regulators continued to clamp down. Elsewhere in the region, Japan’s Nikkei 225 rose 1.04% as traders returned from a four-day weekend.

Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
Thousands Rally in London to Oppose Rise of Far-Right Movements
Hong Kong Official Rejects Allegations of Surveillance Orders Targeting UK-Based Dissidents
PayPal Expands Cryptocurrency Services to Allow UK Users to Buy and Sell Bitcoin
UK Minister Challenges Reform Party’s ‘Pro-Family’ Agenda as Debate Intensifies
Concerns Grow Over Meningitis Risk Among UK Students Amid Warning Signs of New Outbreaks
Japanese Grand Prix 2026: Schedule, UK Start Times and Full Broadcast Details
Electric Vehicles Seen as Strategic Solution to UK Fuel Reserve Concerns
Rise of Lone-Actor Threats and Online Radicalisation Drives New Wave of Antisemitic Attacks in the UK
Canada Advances Plan to Ban Cryptocurrency Donations in Election Campaigns
UK Faces Looming Medicine Shortages as Iran Conflict Threatens Supply Chains
Deadly Meningitis Outbreak in the U.K. Highlights Urgent Need for Vaccination
Fresh Claims Emerge Over Harry and Meghan’s Australia Visit as Insider Speaks Out
NATO Assessment Indicates UK Defence Spending Has Fallen Below Alliance Average
FTSE 100 Slips as Middle East Tensions Weigh on Investor Sentiment
UK Economy Begins to Feel Early Impact of Iran Conflict as Policy Challenges Intensify
Russian National Jailed in UK After Assault Case Linked to Barron Trump’s Alert
Energy Price Surge Accelerates Shift Away from Fossil Fuels in UK Homes
UK Museums House More Than 260,000 Human Remains, New Report Reveals
Surging UK Gilt Yields Reflect Inflation Pressures and Fiscal Uncertainty
UK Issues Updated Guidance on Children’s Screen Time with Focus on Balance and Wellbeing
UK Migration Figures Show Shifting Trends Across Asylum, Visas and Channel Crossings
UK Watchdog Launches Probe into Five Firms Over Alleged Fake Reviews and Ratings
Jaguar Land Rover Halts Production at UK Plant Amid Supplier Disruption
UK Police Reverse Position, Confirm Arrests Will Resume for Palestine Action Protests
UK Small Businesses Face Europe’s Steepest Cost Pressures, New Survey Reveals
US Envoy Urges UK to Proceed with King’s Visit Amid Diplomatic Sensitivities
FTSE 100 Drops Over One Percent as Middle East Tensions Weigh on Markets
UK CO2 Plant Set to Reopen as Authorities Move to Safeguard Supplies Amid Middle East Tensions
Trump Urges Stronger Defence Investment as He Questions Allied Naval Capabilities
New COVID Variant Detected in UK Raises Concerns Over Vaccine Effectiveness
FTSE Russell Moves to Standardise Free-Float Rules for UK and International Listings
HBO Max Launches in UK and Ireland, Marking Major Step in Global Streaming Expansion
UK Signals Readiness to Seize Russian ‘Shadow Fleet’ Vessels in Escalation of Sanctions Enforcement
Escalating Middle East Conflict Seen as Major Threat to UK Economic Stability
Early Challenges Mark Prince Harry and Meghan’s Australia Visit
UK Government Rejects Cover-Up Claims After Theft of Former PM Aide’s Phone
Cyprus Opens Strategic Talks with UK Over Sovereign Base Areas
UK Faces Risk of Sharp Inflation Surge Despite Stable Pre-Crisis Figures
UK Police Arrest Two Over Suspected Antisemitic Arson as Iran Link Investigated
UK Inflation Holds at Three Percent Ahead of Oil Price Shock from Iran Conflict
UK Fuel Prices Face Upward Pressure as Global Oil Trends Raise Cost Outlook
Girlguiding UK Sets September Deadline for Membership Policy Change Affecting Trans Participants
Germany and UK Accelerate Wind Power Expansion to Strengthen Energy Security
UK Moves to Ban Cryptocurrency Donations to Political Parties Over Foreign Influence Concerns
UK and Turkey Finalise Major Air Defence Agreement Worth Billions
Apple Introduces Mandatory Age Verification for iPhone Users in the UK
Diverging Views Emerge Over Meghan Markle’s Planned Australia Appearance
Trump Signals Frustration with UK Leadership Amid Diverging Approaches to Iran Conflict
UK Government Takes Control of Hunterston B as Landmark Nuclear Decommissioning Begins
UK Public Inflation Expectations Jump Sharply in March, Raising Pressure on Bank of England
×