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Wall Street edges up, Tesla beats

Allan Tong Posted On July 3, 2023
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With the TSX closed for the holidays and the NYSE closing early ahead of the fourth of July, American markets edged up on Monday in predictably quiet trading. The S&P gradually climbed 0.12% higher, the Nasdaq 0.21% and the Dow 0.03%. Financials and industrials were particularly strong.

Major movers included Tesla, jumping 6.43%, after announcing record e-car deliveries in Q2 that beat expectations. Also up were Bank of America by 1.81%, Keycorp 3.9%, Comerica at 3.88% and Expedia 3.06%. Losing ground was Stryker at -2.09%. The U.S. 10-year yield inched up to 3.858% while Bitcoin added 1.4% to nearly $31,000.

Crude oil was mixed with WTI slipping 0.5% to $70.25 though WCS rallied 1.7% to $59.30. The TSX will reopen Tuesday for regular trading.

🚗 Tesla Inc (TSLA-Q) +6.43%
🏛 Bank of America (BAC-N) +1.81%
🏛 Keycorp (KEY-N) +3.9%
🏛 Comerica Inc (CMA-N) +3.88%
🧳 Expedia (EXPE-Q) +3.06%
🧫 Stryker Corp. (SYK-N) -2.09%
🅱 Bitcoin (BTCUSD) (CRYPTO:BTC) +1.4%

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