S&P/ASX 200 set to open flat as US markets don’t offer a lead

S&P/ASX 200 (INDEXASX:XJO) (ASX:XJO) futures are not giving any hints in pre-market as to how this morning’s trading might open.

There are no major companies paying dividends or economic data points being released today and Chinese banks will be closed today in observance of Tomb Sweeping Day.

The S&P 500 Index (INDEXSP:.INX) closed up 5.99, +0.21% to 2,879.39 and the Nasdaq Composite (INDEXNASDAQ: .IXIC) closed down 3.77 -0.048% to 7,891.78.

The AUDUSD is unchanged over the past 24 hours at 0.7112.

Gold was up slightly to US$1,296 per ounce while WTI Crude Oil was down 0.43% to US$62.19 per barrel.

It was another day of gains on Wall Street as the S&P 500 posted its first 6-day winning streak in over a year. The Dow was boosted 160 points thanks to big components like Boeing. https://t.co/uUJ2E5vNwd pic.twitter.com/oEQzWhF7cZ

— CNBC (@CNBC) April 4, 2019 Tesla shares down 8.2%

Shares in electric car maker Tesla Inc (NASDAQ:TLSA) fell 8.23% or $24.03 to $267.78 after it reported worse-than-expected deliveries for the March quarter.

Tesla revealed it had delivered 63,000 cars during the March quarter which was well below analyst expectations of 76,000.

The company reiterated its guidance of 360,000 to 400,000 vehicle deliveries this year, which infers a large amount of growth in the remaining quarters to meet the lower end of guidance.

READ: Tesla Inc shares headed towards vital $250 mark, but they’ve been there before

Last month we had a look at Tesla’s price action and noted its shares had found support in the $240-260 region twice in 2018.

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