Stocks experienced a slight rise on Monday as all three major indexes recorded gains, albeit none exceeding 0.21%.
The trading session was shortened in anticipation of the July 4th holiday.
At the close of the market on Wall Street, the S&P 500 showed a 0.12% increase, the Dow Jones Industrial Average was up by 0.03%, and the Nasdaq Composite saw a 0.21% rise.
Tesla (NASDAQ:TSLA) witnessed a nearly 7% surge in its stock price on Monday following the release of its second-quarter production and delivery numbers, which set new all-time records.
Electric vehicle (EV) companies such as Li Auto (NASDAQ:LI), Nio (NYSE:NIO), XPeng (NYSE:XPEV), and Rivian (NASDAQ:RIVN) also experienced upward momentum during Monday’s trading.
US stocks will resume regular trading on Wednesday, July 5, with a busy economic calendar and the highly anticipated June jobs report awaiting investors in the final three trading days of the week.
Featured Image: Freepik
Author Kristen Moran 
