The three leading indices on Wall Street rose on Monday.
The ten-year US government bond yield is 4.64 per cent, while the VIX index, also called the fear index, fell 0.13 per cent to 15.01.
“The long-term interest rates should not rise much more before it becomes a red light”, writes head of analysis Petter Slyngstadli in a report from Norne Securities.
Tesla
Tesla shares rose 15.31 percent after the electric car maker reached a significant milestone for the rollout of its self-driving car technology in China. On Sunday, Tesla reported, according to CNBC, that local Chinese authorities had removed restrictions on their cars after Tesla passed the country’s data security requirements.
Tesla CEO Elon Musk personally went to Beijing, where the goal was to meet with high-ranking Chinese representatives to discuss the rollout of the Full-Self Driving (FSD) software in China.
Movements
This is how it went with the leading indices on Wall Street:
- The Dow Jones rose 0.39 percent to 38,387.06.
- The S&P 500 rose 0.32 percent to 5,070.71.
- The Nasdaq rose 0.35 percent to 15,694.45.
Stock
There was a mixed mood among “The Magnificent Seven” Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia and Tesla:
- Facebook fell 2.41 percent to 432.61
- Amazon rose 0.75 percent to 180.96
- Apple rose 2.48 percent to 173.50
- Netflix fell 0.31 percent to 559.49
- Alphabet fell 3.33 percent to 167.90
- Tesla rose 15.31 percent to 194.05
- Nvidia rose 0.03 percent to 877.57
Oil
The price of a barrel of North Sea oil Brent fell 2.19 percent to 87.21 dollars a barrel. WTI-oil rose 1.20 percent to 83.13 dollars a barrel
Tags: Tesla rise Wall Street Finansavisen
