Tesla, IBM and Meta Platforms helped lead most U.S. stocks higher on Thursday following a rush of profit reports from some of the country’s most influential companies. The S&P 500 rose 0.5%, as four out of every five stocks in the index climbed.

U.S. equity indexes dipped and Treasury yields pushed higher on Wednesday after the Federal Reserve held interest rates steady and gave little insight into when further reductions in borrowing costs may take place.

As was widely expected, the U.S. Federal Reserve held interest rates at current levels following the conclusion of its latest policy meeting.