Tesla Inc TSLA.O, however, dropped 4.9% as the electric-vehicle maker flagged persistent logistics challenges, with fourth-quarter deliveries growing by less than the aimed 50%. IBM Corp IBM.N shares gained 4.3% after the IT services company beat quarterly earnings estimates on Wednesday and said it expects to exceed full-year revenue growth targets. Wall Street's main indexes have been hammered by worries over the fallout of aggressive interest rate hikes on corporate profits amid rising Treasury yields and no real signs of U.S. inflation slowing.