On Wednesday, the US stock market closed 3 hours early before the Independence Day holiday, with light trading volume. The three major indices performed steadily. The Nasdaq and the S&P 500 index both reached new highs. The Nasdaq closed at 18,188.3 points, up 159 points or 0.9%.
The S&P 500 index reached a high of 5,539 points during trading and closed at 5,537, up 28 points or 0.5%. The Dow Jones fell 23 points or 0.06% to close at 39,308 points.
Nvidia (NVDA.US) rebounded and provided support for the Nasdaq, closing up 4.6%. Tesla (TSLA.US) delivered better-than-expected results, with its stock price rising 6.5%, the seventh consecutive trading day of gains, the longest streak of consecutive gains in 2024.
The New York Stock Exchange was closed all day on Thursday for the Independence Day holiday.