US markets rebounded, by gains in heavyweight technology shares and surprising strength in U.S. manufacturing activity- Dow up +144-points or +0.51% Nike Inc led the Dow higher with a +3.1% rise after analysts at UBS and JPMorgan  Exxon Mobil Corp fell -2.6% after Goldman Sachs downgraded the company to a “Sell” recommendation, citing concerns that the oil giant is on track to come up well short of its target for investment returns. The broader S&P500 +0.73% and the  NASDAQ +1.34%. Tesla Inc surged +19.89% and touched a fresh record high intra-day high (US$786.14). It was the stock’s largest one-day percentage increase since 9 May, 2013, when it rose 24.4%. Argus Research analyst Bill Selesky became the latest analyst to rais his price target on Tesla (to US$808 from US$556 and retaining a ‘Buy’ rating). Tesla shares have gained 132% in the past 12 months, far outperforming advances of 20% and 13% for the S&P 500 and the Dow respectively.