U.S. stock markets surged ahead of the holiday, with the S&P 500 and Nasdaq reaching all-time highs. Uber led the charge, jumping nearly 12% as investors reacted positively to Tesla’s robotaxi debut—despite Tesla facing production delays
Dow Jones futures fell slightly Thursday night, along with S&P 500 futures and Nasdaq futures. U.S. stock markets will be closed Friday for the Fourth of July holiday.
The stock market rally had another strong week, with the S&P 500 and Nasdaq moving further into record territory and the Dow Jones almost there.
Tesla (TSLA) fell modestly amid a variety of headlines. Shares are down slightly since the June 22 robotaxi launch, while Uber Technologies (UBER) and Mobileye (MBLY) have been big winners, with Uber stock breaking out Thursday.
Cadence Design Systems (CDNS), Nextracker (NXT), ServiceNow (NOW) and Shopify (SHOP) also are in buy areas.
Delta Air Lines (DAL) reports earnings on July 10, kicking off Q2 results for airlines. Also on Thursday, AI chip giant Taiwan Semiconductor Manufacturing (TSM) will release June and Q2 sales, which will be important for customers such as Nvidia (NVDA), Broadcom (AVGO), Apple (AAPL) and many more.
