News Formal

Stock market today: Nasdaq leads gains to kick off new quarter as Tesla pops 6%

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Nasdaq Composite News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Political turmoil in France gripped investors weighing whether stocks can build on their stellar first-half performance.

US stocks edged higher on Monday to start the quarter as investors began counting down to the July 4 break and the key US jobs report. The Dow Jones Industrial Average rose 0.1% while the S&P 500 gained 0.3%. The tech-filled Nasdaq Composite climbed about 0.9%. Tesla stock popped roughly 6% ahead of the EV giant's quarterly delivery results due out on Tuesday.

Encouraging signs that inflation is slowing toward the Federal Reserve's target, plus emerging cracks in the economy, have spurred hopes for a policy pivot. US manufacturing activity data released on Monday showed the Institute for Supply Management's manufacturing PMI fell further into contraction territory in June, hitting a four-month low. In the meantime, the prospect of political gridlock in France is gripping investors after the first round of voting in national elections.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market today: S&P 500, Nasdaq hover near records as Nvidia becomes most valuable stockTechs are continuing to lead an AI-driven rally that investors simply can't afford to miss out on.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Nasdaq set for gains as Nvidia turns a cornerStocks are hoping to add a punchline to what's been a high-flying quarter thus far.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: S&P 500, Nasdaq hit record highs as Nvidia leads tech rallyBets on Fed rate cuts are tentatively rising as investors weigh signs of a softer labor market and cooling economy.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Nasdaq leads stocks higher while GameStop skyrocketsUS stocks are eyeing an upbeat start to June as hopes for rate cuts revive and the meme-stock mania roars back
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Nasdaq leads US futures higher while GameStop skyrocketsUS stocks are eyeing an upbeat start to June as hopes for rate cuts revive and the meme-stock mania roars back
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Nvidia rebound fuels Nasdaq rally as Dow falls 300 pointsStocks are hoping to add a punchline to what's been a high-flying quarter thus far.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »