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(The author is a Reuters Breakingviews columnist. The opinions expressed are their own.)

The Dow Jones Industrial Average and S&P 500 Index got the ball rolling on the new trading week with record-high closes amid general earnings optimism.

The surge in Tesla Inc's stock market value beyond $1 trillion on Monday is a double bonanza for Chief Executive Elon Musk, the electric car maker's largest shareholder.

The Dow Industrials and S&P 500 closed at record highs on Monday, as earnings season kicked in to high gear in one of the heaviest reporting weeks of the quarter with bellwethers in multiple sectors poised to announce results.

Investor sentiment soared today, pushing the Dow and S&P 500 to record closes, the former's second straight. The tech-heavy Nasdaq nabbed a triple digit win, as big hitters like Alphabet (GOOGL), Microsoft (MSFT), and Apple (AAPL), prepare to chime in with their latest

The Dow Industrials and S&P 500 closed at record highs on Monday, as earnings season kicked in to high gear in one of the heaviest reporting weeks of the quarter with bellwethers in multiple sectors poised to announce results.

Consumer discretionary stocks were broadly higher late in Monday's session while staples slipped, with the Consumer Discretionary Select Sector SPDR ETF (XLY) rallying 2.4% with the SPDR Consumer Staples Select Sector ETF (XLP) was down 0.1%.

What happened With electric vehicle stocks soaring on Monday, how could shares of luxury electric car manufacturer Lucid Group (NASDAQ: LCID) be far behind? As of 2:30 p.m. EDT, Lucid stock was trading up 11.6%.

The stock market has done quite well recently, gaining momentum after a brief scare in September related to rising inflationary pressures and worries about the COVID-19 delta variant. Investors seem a lot more comfortable that the U.S. economy is strong enough to overcome headwi

The Dow Industrials and S&P 500 hit fresh record highs on Monday, as earnings season kicked in to high gear in one of the heaviest reporting weeks of the quarter with bellwethers in multiple sectors poised to announce results.

By Goran Damchevski

Consumer stocks were broadly higher in Monday trading, with the SPDR Consumer Staples Select Sector ETF (XLP) seeing a modest increase, while the SPDR Consumer Discretionary Select Sector ETF (XLY) was rising 1.9%.

Swedish-based automotive technology company Veoneer Inc said Missy Cummings had decided to resign from its board effective Nov. 1 after she accepted a position with the National Highway Traffic Safety Administration.

The S&P 500 hit a record high on Monday, led by Tesla and Paypal, while industrial bellwethers Caterpillar and 3M lifted the Dow to a new peak in the run-up to quarterly reports from big U.S. technology companies, whose shares struggled to gain.

Tesla Inc surpassed $1 trillion in market capitalization on Monday after landing its biggest-ever order from rental car company Hertz, a deal that reinforced the electric car leader's ambitions to top the entire auto industry in sales over the next decade.

4 Top EV Stocks Worth Watching This WeekEven amid the current stellar earnings season, electric vehicle (EV) stocks continue to impress. For the most part, this area of the stock market remains a hot one as investors look towards the next frontier of the transportation industry.

The chair of the National Transportation Safety Board (NTSB) criticized Tesla's rollout of "Full Self-Driving Beta technology" after the automaker did not address concerns after earlier fatal crashes involving its driver assistance systems.

In early trading on Monday, shares of PayPal Holdings topped the list of the day's best performing components of the Nasdaq 100 index, trading up 4.6%. Year to date, PayPal Holdings registers a 7.4% gain.

Car sales will total nearly 70 million vehicles worldwide this year, adding to the roughly 1.4 billion autos on the road across the globe. The automotive industry is massive and has grown and evolved quite a bit since the late 1800s when Karl Benz began selling his first handmade

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco QQQ (Symbol: QQQ) where we have detected an approximate $374.1 million dollar inflow -- that's a 0.2% increase week over week in outstanding