Stock market reaches record highs, jobs report expected to show gain, Nvidia and Tesla rise.

From Investor’s Business Daily: 2024-07-03 20:23:00

Dow Jones futures dipped Wednesday night, with the jobs report looming Friday. The S&P 500 and Nasdaq hit record highs, while Treasury yields fell. Fed minutes from June meeting showed a balanced view on risks. Companies like ASML, Entegris, and Tencent Music displayed buy signals. The June jobs report is expected to show a gain of 189,000 nonfarm payrolls. Nvidia and Tesla stocks continued their positive run. Invesco S&P 500 Equal Weight ETF lost, while the Nasdaq hit a record high, being 7.6% above the 50-day line. Various ETFs, including ARK Innovation, showed gains. ASML, Entegris, and Monday.com stocks displayed positive movements. Tesla stock extended its weekly gain.



Read more at Investor’s Business Daily: Stock Market Today: S&P 500, Nasdaq Hit Highs Before Holiday, Jobs Report; Tesla, Nvidia Jump