Yahoo Finance

Key Takeaways

• Major U.S. indexes were little changed and slightly higher at midday Thursday, looking to add to gains earlier in the week.

• Boeing shares got a boost from positive comments about new CEO Kelly Ortberg by Elon Musk.

• Microstrategy shares lost ground along with the price of bitcoin.

Major U.S. indexes were little changed but in the green at midday Thursday, looking to add to gains earlier in the week. The Dow, S&P 500, and Nasdaq were all slightly higher.

U.S.-listed shares of Toyota Motor (TM) took off following a report the carmaker plans to double its target return on equity (ROE) to 20%.

GameStop (GME) shares also gained following a cryptic social media post by meme stock hero “Roaring Kitty,” Keith Gill.

Boeing (BA) shares advanced as Tesla (TSLA) and SpaceX CEO Elon Musk said the plane and rocket maker was on a “much better track” with its new CEO, Kelly Ortberg.

Shares of Microstrategy (MSTR) declined along with the price of bitcoin after jumping in the previous session on plans to increase its amount of authorized shares. Microstrategy is the largest corporate holder of the cryptocurrency. Most other digital coins traded lower as well.

Netflix (NFLX) shares also lost ground following reports the streaming service’s first broadcasts of National Football League (NFL) games had some technical glitches, though not as many as those that impacted its live boxing match between Jake Paul and Mike Tyson last month.

Oil futures fell and gold prices rose. The yield on the 10-year Treasury note was up. The U.S. dollar gained on the pound and yen, but lost ground to the euro.

Read the original article on Investopedia