Wall Street is drifting Thursday following a rush of profit reports from big U.S. companies, as a sharp drop for IBM helps cancel out a surge for Tesla.The S&P 500 was 0.2% higher in afternoon trading.

Wall Street is holding steadier on Thursday, thanks in part to a surge for Tesla’s stock. The S&P 500 was 0.3% higher in morning trading and on track to break its first three-day losing streak since early September.

Hong Kong stocks opened higher on Friday, following overnight gains in US markets. The Hang Seng Index rose 32.33 points, or 0.16 percent, to open