Stock futures mixed, Nasdaq up as Tesla rallies: Stock market news today

Stock futures mixed, Nasdaq up as Tesla rallies: Stock market news today

Stock futures kicked off the new quarter mixed on Monday, with those on the Nasdaq rising to start a holiday-shortened week as Tesla rallied after deliveries easily topped estimates.

S&P 500 (^GSPC) futures were wavering around the flatline, up less than 0.1%, while those on the Dow Jones Industrial Average (^DJI) fell around 0.1%. Futures on the Nasdaq (^IXIC) rose just over 0.2%.

Trading was muted in the runup to the break for Independence Day and after the major stock benchmarks finished a strong first half with a bang. Stock markets will stop trading at 1 p.m. ET on Monday and close Tuesday for the July 4th holiday.

Shares of Tesla (TSLA) rose more than 6% in pre-market trading after the electric-vehicle maker’s second-quarter production and delivery numbers — which reflect sales numbers — hit all-time records.

Apple’s (AAPL) stock lost hold of Friday’s gains and slipped below the flatline, down 0.2%, after the Financial Times reported the tech giant has been forced to cut production forecasts for its Vision Pro headset.

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