Nasdaq Rises as Tesla, Paychex Got Thumbs Up From Wall Street Thursday
The stock market had another solid day on Thursday, sending the Nasdaq Composite (NASDAQINDEX: ^IXIC) up by half a percent. Market participants continued to cite hope for economic support from the federal government as a key reason for their optimism about stocks.
In addition, Wall Street analysts were generally upbeat on Thursday. In particular, favorable comments about Tesla (NASDAQ: TSLA) and Paychex (NASDAQ: PAYX) reflected the positive tone that the investment community has had about stocks recently.
Tesla shares didn't react all that much to the latest news on its stock. The electric vehicle pioneer saw its share price inch ahead by less than 1%.
Source Fool.com
