Global Stocks Start Second Half of the Year on a Positive Note

It will likely be a quiet day with light volume due to the Independence day holiday. The NASDAQ closed out the first half of the year with a 14% gain. Global stocks started the second half of 2017 firmer as a flurry of manufacturing readings added to confidence in the health of the world economy. Tesla (TSLA) - Get Report says its first Model 3 will go on sale Friday. CEO Elon Musk made the announcement today on Twitter (TWTR) - Get Report . The car will start around $35,000 and with a $7500 federal electric car tax credit, could cost $27,500. It is expected to get 215 miles per charge. Dropbox may be getting ready for the biggest tech IPO since Snap (SNAP) - Get Report . Several reports say the company hired underwriters for an initial public offering that could come later this year. Dropbox was valued at almost $10 billion in a private fundraising round in 2014.

This article was written by a staff member of TheStreet.