Wall Street rises to more records as Tesla vrooms higher

Wall Street rises to more records as Tesla vrooms higher Updated 2 mins ago Wall Street rose to more records. The S&P 500 climbed 0.5% Monday and topped its prior all-time high set last week. The Dow Jones Industrial Average added 0.1%, and the Nasdaq composite added 0.9% to its own record. Tesla helped lead the way after Elon Musk bought stock worth roughly $1 billion, potentially signaling his faith in the electric vehicle company. The week’s main event will arrive Wednesday, when traders expect the Federal Reserve to announce its first cut to interest rates of the year. Perhaps more important will be whether it hints more cuts are coming, as Wall Street also expects.