Casino stocks surged on strong Macau revenue, Tesla shares dropped on feud with Trump.

From Yahoo Finance: 2025-07-01 12:00:00

Shares of Wynn Resorts, Las Vegas Sands, and MGM Resorts International surged after China reported June gambling revenues at Macau casinos were well above expectations. U.S. equities were mixed midday with markets focused on U.S. tax and spending policies. Tesla shares dropped amid a feud between Elon Musk and President Trump. Casino shares jumped on strong June gambling revenue in Macau. Shares of AeroVironment slid after announcing a $1.35 billion stock offering. Packaging Corporation of America shares gained after acquiring Greif’s containerboard business for $1.8 billion. Hasbro shares climbed on an upgrade from Goldman Sachs. Oil and gold futures rose, 10-year Treasury note yield advanced, U.S. dollar was up against euro and pound but down to the yen, most major cryptocurrencies traded lower.

Read more: Tesla, Wynn Resorts, Hasbro, and More