Market Watch: Nasdaq Leads Gains with Tesla’s 6% Jump to Kick Off New Quarter

New York, NY – As the stock market kicks off a new quarter, investors are closely monitoring the performance of various indices. The Nasdaq saw gains at the start of the quarter, with Tesla’s stock surging by 6%. Meanwhile, stock futures fell as the S&P 500 rose, marking the beginning of the back half of 2024.

Investors are keeping an eye on key players in the market, including companies like Nvidia, Spirit AeroSystems, Boeing, Chewy, and GameStop, among others. Treasury yields and the upcoming France election are also topics of interest, as they could potentially impact market trends in the near future.

The Wall Street Journal reported that the Nasdaq hit a record high at the start of the second half of the year, indicating potential growth and positive momentum in the market. This achievement is a significant milestone for investors and analysts who closely track market performance and trends.

Stocks edged higher as the new quarter began, suggesting a sense of optimism among investors despite the uncertainties and challenges that lie ahead. The performance of key indices and individual stocks will be closely watched in the coming days as market dynamics continue to evolve. As the quarter progresses, it will be interesting to see how various factors, both domestic and international, shape the trajectory of the stock market.