Stocks rise, EV names rally ahead of holiday break: Stock market news today

Stocks rose slightly on Monday with all three major indexes logging gains but none rising more than 0.21% during a shortened trading session that came ahead of the July 4th holiday.

When the closing bell rang on Wall Street on Monday, the S&P 500 (^GSPC) was up 0.12%, the Dow Jones Industrial Average (^DJI) higher by 0.03%, and the Nasdaq Composite (^IXIC) was up 0.21%.

Shares of Tesla (TSLA) rose nearly 7% on Monday after the electric-vehicle maker's second-quarter production and delivery numbers — which reflect sales numbers — hit all-time records.

EV names including Li Auto (LI), Nio (NIO), XPeng (XPEV), and Rivian (RIVN) were also higher on Monday.

Stocks in the US will re-open for trade on Wednesday, July 5 with a busy economic calendar and a crucial June jobs report awaiting investors over the week's final three trading days.

Click here for the latest stock market news and in-depth analysis, including events that move stocks

Read the latest financial and business news from Yahoo Finance

Advertisement