Stock Market Update

[BRIEFING.COM] The Nasdaq Composite (+0.1%) holds on to a slim gain while the S&P 500 (-0.1%) and DJIA (-0.4%) trade in negative territory. 

Shares of Tesla (TSLA 341.69, +12.04, +3.65%) trade higher today after the company submitted a formal request for an electricity license in the U.K., according to CNBC. While known for their electric vehicles, Tesla has operated in the electricity provider space in Texas since 2022. 

Tesla's strength today underpins a 0.3% gain in the otherwise flattish consumer discretionary sector. 

On the geopolitical front, Politico reports that President Trump will hold emergency talks with a group of European leaders, which includes Ukrainian President Volodymyr Zelenskyy, before his summit with Russian President Vladimir Putin on Friday.