Major U.S. indices closed Thursday on a mixed note: the Dow Jones Industrial Average rose nearly 1% to 39,753.75, while the S&P 500 fell by 0.9% to 5,584.54, and the Nasdaq dropped 1.95% to 18,283.41.
In June, the U.S. Consumer Price Index slowed to 3% year-over-year, below economists’ forecast of 3.1%, marking the third consecutive decline. This trend, not seen since May 2023, bolstered expectations for near-term Fed rate cuts, driving equity futures higher and causing Treasury yields to fall.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
Tesla Inc. (NASDAQ:TSLA)
Tesla’s stock fell by 8.44% to close at $241.03. The stock’s intraday high and low were $271 and $239.65, respectively, with a 52-week range of $138.8 to $299.29. According to a report by Cox Automotive, Tesla sold over 3,200 Cybertrucks in June, ...