NEW YORK (Reuters) – The New York Stock Exchange ended up on Monday, driven in particular by the rise of Tesla, while investors await the publication of US inflation figures on Wednesday to obtain new clues on the trajectory of rate.
The Dow Jones index gained 0.25%, or 87.13 points, to 34,663.72 points.
The broader S&P-500 gained 29.97 points, or 0.67%, to 4,487.46 points.
The Nasdaq Composite advanced 156.37 points (1.14%) to 13,917.89 points.
The publication of the consumer price index in the United States expected on Wednesday should provide additional information on the capacity of the Federal Reserve (Fed) to suspend its interest rate increases and on the possibility of a landing in smoothness of the economy in the fight against inflation.
This data will be closely monitored, as investors, who estimate a 93% probability that the Fed will leave its rates unchanged next week, are less confident about the outcome of the November meeting.
In terms of values, Tesla soared 10.09% after Morgan Stanley estimated that the market capitalization of the manufacturer could increase by nearly 600 billion dollars (559.4 billion euros) thanks to the potential of its super- Dojo computer.
Meta Platforms (+3.24%) was also sought after the publication of an article according to which the parent company of Facebook would also develop an artificial intelligence system much more efficient than the current one.
Chipmaker Qualcomm, which announced Monday that it had signed a new agreement with Apple to supply 5G chips to the iPhone maker, rose 3.90%.
(Written by Noel Randewich, Tangi Salaün)
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