U.S. stocks opened lower on Thursday, as sentiment was weighed down by geopolitical risks and trade tensions. However, bonds rallied on a benign producer inflation report. Minutes after the bell, the benchmark S&P 500 (SP500) was -0.

Tesla stock extended its rally for a fourth straight session Wednesday as tensions between Musk and President Trump appeared to ease.

Traders who hung on during this year’s tariff-fueled rollercoaster ride in stocks are facing a conundrum: Bonds may offer more attractive returns in coming years, according to one widely tracked measure.

Tesla (NASDAQ: TSLA) has been trading like a penny stock so far this year. The most recent drama was due to a public feud between CEO Elon Musk and President Donald Trump. It wiped out about $150 billion of market value last week, but Musk’s apology post on X early Wednesday boosted a relief rally.

The S&P 500 earlier this week got back to within 2% of February's record closing high. And bulls will be pleased to see the rally has been accompanied by improving breadth, in other words increasingly more stocks have tended to advance relative to declines.

Its expanded manufacturing capacity in the U.S. positions the company to take advantage of domestic content subsidies while enabling it to more effectively

Megacap technology and growth stocks have retaken U.S. market leadership in recent weeks, but investors say that factors are in place that could allow a broader group of stocks to outperform for the rest of the year.

Palantir stock climbed to new heights on Wednesday, notching an intraday trading record. Shares climbed as high as $139.20 during the session, marking an all-time intraday high. While the stock retreated some from that level,