Although the markets were closed on Tuesday due to the holiday of July 4 -United States Independence Day-, after the first operations the main index, the Dow Jones, fell 0.45%, while the Nasdaq, based on technology, lost 0.29% and the expanded S&P 500 index -of the 500 main companies- fell 0.38%.
Wall Street ended a short session for the Independence Day holiday on Tuesday slightly higher on Monday, with weak trading volumes.
The Dow Jones gained a marginal 0.03%, while the Nasdaq was boosted by Tesla and gained 0.21%, and the S&P 500 rose 0.12%.
“In a part-time, you don’t have to expect too much activity,” summed up Art Hogan of B. Riley Wealth Management. “That’s exactly what happened today.”
Tesla, which represents 4% of the Nasdaq, boosted the technology index by soaring 6.90%, after announcing much higher-than-expected deliveries on Sunday for the second quarter of the year that ended last week.
The Austin (Texas) group produced 920,000 vehicles in the first half, just over half the goal of 1.8 million units set for 2023.
Tesla’s US competitors Rivian (+17.41%) and Lucid (+7.26%) also benefited from this announcement.
The stock market this week awaits various indicators such as durable goods orders, the ISM index of activity in services and, on Friday, the monthly employment report for June.
FUENTE: With information from AP and AFP
