Tesla lifts Nasdaq to record territory; focus turns to Fed’s policy meet

Published by
Reuters

By Devik Jain and Bansari Mayur Kamdar (Reuters) - The Nasdaq index hovered at a record high on Monday boosted by gains in Tesla and Meta Platforms, although investors refrained from making big bets ahead of the Federal Reserve’s potential move to start paring support for the world’s largest economy. At 12:01 p.m. ET, the Dow Jones Industrial Average was up 46.29 points, or 0.13%, at 35,865.85, the S&P 500 was up 1.95 points, or 0.04%, at 4,607.33, and the Nasdaq Composite was up 61.69 points, or 0.40%, at 15,560.08. The blue-chip Dow and the benchmark S&P 500 index scaled intraday record peak…

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