Tesla Posts Record-Breaking Production and Delivery
David Mastroianni, account executive at Adviser Investments, has the market analysis for Tuesday, July 2. All major U.S. stock indexes advanced for the third consecutive day, with the Dow Jones Industrial Average and S&P 500 and both gaining 0.3% and the NASDAQ Composite up 0.2%. Brent crude oil dropped 4% to close below $60 per barrel for the first time since January. In the automobile industry, Tesla announced record-breaking production and delivery for its second quarter, beating expectations and sending Tesla shares up nearly 7%.