Tesla Stock Leads Magnificent Seven Shares Higher

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

Shares of the EV maker were recently up more than 4%, making them the second-best performer in the benchmark index—second only to Super Micro Computer (SMCI).

Other “Mag 7” stocks also rose this morning, a holiday-shortened session that comes ahead of a day off tomorrow and kicks off the Santa Claus Rally period. The major indexes were rising this morning, led by the Nasdaq Composite. 

Amazon.com (AMZN) added 1.3%, the largest gain of the rest of the Magnificent Seven. Nvidia (NVDA) and Meta Platforms (META) were recently up 0.9%. Apple (AAPL), Microsoft (MSFT) and Alphabet (GOOGL) were also in the green. 

Most of the S&P 500’s 11 sectors were in the green this morning, though a few were closer to flat.