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Tuesday, 13 Jul 2021 07:43 AM MYT
Tesla rallied over 4 per cent and was the top contributor to gains in the S&P 500 and Nasdaq. Reuters pic
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NEW YORK, July 13 ― Wall Street s main indexes closed at their highest levels ever yesterday, lifted by Tesla and bank stocks as investors eyed the start of the second-quarter earnings season and a batch of economic data.
The S&P 500 financials, communication services and real estate sector indexes each gained more than 0.8 per cent.
Tesla rallied over 4 per cent and was the top contributor to gains in the S&P 500 and Nasdaq. CEO Elon Musk insisted in court yesterday he does not control Tesla, and he said he did not enjoy being the electric vehicle company’s chief executive as he took the stand to defend the company’s 2016 acquisition of SolarCity.
Tesla lifts Wall Street to close at record highs
By Noel Randewich and Devik Jain
Reuters
(Reuters) - Wall Street s main indexes closed at their highest levels ever on Monday, lifted by Tesla and bank stocks as investors eyed the start of the second-quarter earnings season and a batch of economic data.
The S&P 500 financials, communication services and real estate sector indexes each gained more than 0.8%.
Tesla rallied over 4% and was the top contributor to gains in the S&P 500 and Nasdaq. CEO Elon Musk insisted in court on Monday he does not control Tesla, and he said he did not enjoy being the electric vehicle company’s chief executive as he took the stand to defend the company’s 2016 acquisition of SolarCity.
By NOEL RANDEWICH AND DEVIK JAIN, Reuters
Published July 13, 2021 5:13am
Walt Disney jumped over 4% to a two-month high after it and Marvel s Black Widow superhero movie took in $80 million in its first weekend. And the entertainment company plans to raise prices for its ESPN Plus streaming service. Wall Street s main indexes closed at their highest levels ever on Monday, lifted by Tesla and bank stocks as investors eyed the start of the second-quarter earnings season and a batch of economic data. The S&P 500 financials, communication services and real estate sector indexes each gained more than 0.8%. Tesla rallied over 4% and was the top contributor to gains in the S&P 500 and Nasdaq. CEO Elon Musk insisted in court on Monday he does not control Tesla, and he said he did not enjoy being the electric vehicle company’s chief executive as he took the stand to defend the company’s 2016 acquisition of SolarCity.
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