Wall St ends slightly higher in shortened session, Tesla jumps

Wall Street’s main indexes closed with slight gains in a shortened session, boosted by Tesla’s surge and strong performances from bank shares. Tesla’s shares rose 6.9% after the company announced record vehicle deliveries in Q2. Major banks also saw gains as they raised dividends following the Federal Reserve’s health check. However, trading volumes were lower than average ahead of the July 4th holiday, indicating cautious market sentiment. The Dow Jones Industrial Average rose 0.03%, the S&P 500 gained 0.12%, and the Nasdaq Composite added 0.21%. The U.S. Treasury yield curve also signaled concern about the economy as it reached its deepest inversion since 1981.