Tesla shares lead Magnificent Seven Stocks Higher


Brand new Tesla cars sit parked at a Tesla dealership on May 31, 2024 in Corte Madera, California

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Tesla’s (TSLA) shares were the S&P 500’s top gainers Tuesday as the Magnificent Seven big tech stocks rose on Christmas Eve. 

Shares of the EV maker finished the day up more than 7%, making them the best performer sin the benchmark index—ahead of Super Micro Computer (SMCI), which rose about 6%.

You can also find out more about Other “Mag 7” Today, the stocks rose as well. This holiday-shortened session came before a rest day tomorrow. The Santa Claus Rally season has begun. Today, all major indexes were up. The Nasdaq Composite led the way. 

Amazon.com, (AMZN), has added the most to its stock price. It is now up 1.8%. Meta Platforms (META), a company that provides software platforms, added 1.3%. Apple (AAPL), Microsoft(MSFT)and Alphabet(GOOGL), were all in the black. 

All of the S&P 500's 11 sectors were in the green today.

The information in this article is updated.

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leadzevs/ author of the article

LeadZevs (John Lesley) is an experienced trader specializing in technical analysis and forecasting of the cryptocurrency market. He has over 10 years of experience with a wide range of markets and assets - currencies, indices and commodities.John is the author of popular topics on major forums with millions of views and works as both an analyst and a professional trader for both clients and himself.

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