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

Markets to close early ahead of July 4th holiday, when major stock markets are shut.

Karen Friar and Myles Udland
Updated ·1 min read

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.

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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.

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