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Stocks rise to another record high with Tesla boost
NEW YORK -- U.S. stocks ticked higher on Wednesday to hit another all-time high. The S&P 500 rose 0.5% and set a record for the third time in four days. The Dow Jones Industrial Average edged down by 10 points, or less than 0.1%, and the Nasdaq composite gained 0.9%.
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The Dow, S&P 500, and Nasdaq rose after a strong June jobs report. The stock market is watching developments on U.S. trade deals and Trump's tax and spending bill.
The Dow Jones Industrial Average rose on Tuesday as investors rotated out of technology stocks to kick off the second half of 2025.
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Tesla tugged on the market as the relationship between its CEO, Elon Musk, and President Donald Trump soured even further.
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