Tesla shares rocketed higher, helping send the tech-heavy Nasdaq Composite to a third consecutive session of gains. The Nasdaq rose 0.1%. The S&P 500 added less than 0.1%. The Dow Jones Industrial Average shed 0.

The S&P 500 and the Nasdaq were set to open higher on Wednesday, with Tesla leading gains among megacap stocks after its quarterly results, while upbeat earnings reports across other sectors also offered support.

Wall Street on Wednesday recovered some of its losses, as a slump in industrials and a surge in Treasury yields grappled with a post-earnings gain in Tesla (TSLA)