The Nasdaq 100 made a strong comeback, thanks to Tesla's impressive 12% jump in yesterday's Wednesday trading.
Tesla's performance came on the heels of a surprising third-quarter profit, bolstered by $739 million in automotive regulatory credits.
In addition to Tesla's gains, S&P 500 futures are also up slightly, although Dow futures are still down.
Additionally, IBM faced a 3% drop as its consulting and infrastructure unit missed revenue expectations.
In regular trading on Tuesday, all major indexes showed significant losses with the Dow falling 0.96%, the S&P 500 down 0.92%, and the Nasdaq Composite down 1.6%.
The pressure came largely from rising Treasury yields, with the US 10-year yield hitting 4.25% on strong economic data.
This increase has made investors cautious, especially with ongoing discussions about the Federal Reserve's (Fed) next move on interest rates.
Investors are now focused on earnings reports from big names like UPS, American Airlines and Northrop Grumman, which are set to release their results soon.
