A.M. Update

S&P futures are up +0.6%, bolstered by Tesla’s (TSLA +10.2%) earnings report, which is driving a rebound effort in the mega caps and the broader market on a busy earnings reporting day. Q4 GDP was 2.9% in the advance reading (consensus 2.6%) following 3.2% reading in Q3. The Q4 Chain Deflator was 3.5% in the…