Wall Street hits records as Tesla surges; focus on Fed meeting

Published by
Reuters

(Updates with closing market details) By Lewis Krauskopf, Devik Jain and Bansari Mayur Kamdar (Reuters) – Wall Street’s main indexes notched record closing highs on Monday as Tesla shares surged and the energy sector gained while investors looked ahead to a major Federal Reserve meeting later in the week. The Dow Jones Industrial Average eclipsed 36,000 points for the first time ever during intraday trading, ending just shy of that level. Accommodative monetary policy has been one of the key supports for the stock market, with the benchmark S&P 500 rising 22.8% so far this year. The Federal Re…

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