The Latest Breaking News from Nasdaq

Electric vehicle leader Tesla Inc (NASDAQ: TSLA) is well-known for its gigafactories around the world that have helped boost production and delivery figures. The company could have a new plan to support demand and help with costs.

U.S. stocks traded mixed this morning on Friday, after the Dow Jones jumped 1,200 points in the previous session.

Gainers Snail, Inc. (NASDAQ: SNAL) shares jumped 74.7% to $3.93 in pre-market trading after the company reported a $5 million share repurchase program.

US mega-cap tech stocks recorded sharp gains on Thursday following the release of inflation data for the month of October. Consumer price index increased 0.4% for the month and 7.7% year-over-year, recording its lowest annual rise since January and compared to the 8.2% annual rate in the previous month.

Although US stocks closed sharply higher on Thursday, there were a few notable insider trades.

Trading in the U.S. index futures points to the buying momentum extending into the final session of the week. The market may turn to the University Of Michigan's consumer sentiment report for trading cues, although profit-taking could take some sheen off the rally.

Gainers

U.S. stocks closed higher on Thursday, with the Dow Jones jumping more than 1,200 points. Here is the list of some big stocks recording gains in the previous session.

Hong Kong stocks rose on Friday, with the benchmark Hang Seng opening over 5% higher, as softer-than-expected inflation in the U.S. sparked optimism among investors and traders that price rises may have peaked out.