Wall Street saw its first improvement of the week on Thursday, despite the Dow Jones heading for its fourth consecutive decline. In company news, Tesla has delivered a better-than-expected quarter with an upbeat 2025 outlook, while UPS shares jumped after reporting their first profit growth in nearly two years. Meanwhile, U.S. bond yields slipped from a three-month high. Closer to home, Australia is expected to have a muted start to trade as iron ore prices dip on mixed supply data.

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