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Nasdaq Stays Close to Record Highs; Upgrades Lift Tesla; Applied Materials Gets an Earnings Boost

Nasdaq Stays Close to Record Highs; Upgrades Lift Tesla; Applied Materials Gets an Earnings Boost

Friday was a pretty quiet day for the Nasdaq Composite (NASDAQINDEX: ^IXIC). Investors are largely waiting to see whether the favorable trends that have helped the Nasdaq claw back huge losses during the bear market in February and March will continue to lift stocks toward new all-time highs. Tesla (NASDAQ: TSLA) got another boost as the stock analyst community weighed in on the electric vehicle manufacturer.