Strong Q2 auto sales and higher than expected JOLTS data; positive news for auto stocks and market.

From Nasdaq: 2024-07-02 17:58:00

Major market indices closed at session highs, with S&P 500 and Nasdaq hitting new all-time highs. Q2 auto sales were strong, with Tesla, Toyota, and General Motors all exceeding expectations. JOLTS data for May showed more job openings than expected. Tomorrow brings key employment data, including private-sector payroll and weekly jobless claims.

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Read more at Nasdaq: Q2 Auto Sales, May JOLTS Data Higher than Expected