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Stocks were mixed Monday as Wall Street braced for major earnings reports and monitored the state of the postelection rally.
The Dow Jones Industrials fell 76.53 points to 43,368.46.
The S&P 500 recouped 20.07 points to 5,890.69.
The NASDAQ Composite zoomed 147.28 points to 18,827.40, as Tesla gained 7%. The electric vehicle maker rose after Bloomberg News reported, citing sources, that President-elect Donald Trump’s team is working on ways to ease regulation on self-driving vehicles.
Prices for the 10-year Treasury swooned, raising yields to 4.45% from Friday’s 4.44%. Treasury prices and yields move in opposite directions.
Oil prices muscled higher $1.82 to $68.84 U.S. a barrel.
Prices for gold jumped $43.00 an ounce to $2,613.10 U.S.
NASDAQ Hikes to Start Week
