Stocks mixed, EV names rally: Stock market news today

Stocks were mixed near noon on Monday with none of the major averages logging moves larger than 0.15% during a shortened trading session ahead of the July 4th holiday.

With an hour to go in the trading day the S&P 500 (^GSPC) was up 0.04%, the Dow Jones Industrial Average (^DJI) higher by 0.13%, and the Nasdaq Composite (^IXIC) was down 0.05%

Shares of Tesla (TSLA) rose more than 6.5% in early trading after the electric-vehicle maker’s second-quarter production and delivery numbers — which reflect sales numbers — hit all-time records. EV names including Li Auto (LI), Nio (NIO), XPeng (XPEV), and Rivian (RIVN) were also higher on Monday.

Stocks will close for trade at 1 p.m. ET on Monday and remain closed Tuesday for the July 4th holiday.

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