NEW YORK: Wall Street stocks ended slightly higher on Monday, rising early after passage of a U.S. infrastructure spending bill but paring gains late as sliding Tesla shares weighed the indexes down.Still, the S&P 500 and the Nasdaq extended their run of all-time closing highs to eight straight sessions. The blue-chip Dow notched its second consecutive record closing high. "It has become a self-fulfilling prophesy," said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago. "Tesla Inc was the heaviest weight on the S&P 500. "Over the weekend we got another trillion dollars thrown at the economy which is already running hot," Nolte said.

Source: Economic Times November 09, 2021 13:40 UTC