U.S. stocks close: Dow index rises more than 700 points to a new high

On July 17, the U.S. stock market closed on Tuesday. The Dow index initially closed up 1.85% or 740 points, setting a new closing high. The S & P 500 index rose 0.64% and the Nasdaq index rose 0.2%. Tesla (TSLA. O) closed up 1.5% and NVIDIA (NVDA. O) fell 1.6%. Nasdaq China Golden Dragon index closed up 0.74%, XPeng Motors (XPEV. N) rose more than 6% and NIO (NIO. N) rose 5.8%.