Tesla Stock Leads Magnificent Seven Shares Higher

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  • Dec 24, 2024
Tesla Stock Leads Magnificent Seven Shares Higher

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%.

Other "Mag 7" stocks also rose today, a holiday-shortened session that came ahead of a day off tomorrow and kicked off the Santa Claus Rally period. The major indexes all rose today , led by the Nasdaq Composite .

Amazon.com ( AMZN ) added 1.8%, the largest gain of the rest of the Magnificent Seven. Meta Platforms ( META ) added 1.3%. Apple ( AAPL ), Microsoft ( MSFT ) and Alphabet ( GOOGL ) were also in the green.

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

This article has been updated to reflect new share price information.

Read the original article on Investopedia