The Dow and S&P 500 hit record highs as Tesla stock electrifies
CNN
Wall Street is brushing off concerns about Facebook. The Dow and S&P 500 both closed at record highs Monday — while Tesla shares soared to a new all-time peak above $1,000 and sent the company's market share past the $1 trillion level.
The Dow ended the day up nearly 65 points, or 0.2%, and is now within striking distance of topping the 36,000 level for the first time. The S&P 500 rose 0.5% and the Nasdaq gained 0.9%.
Tesla (TSLA) shares surged 13% following the news of a deal to sell 100,000 electric vehicles to rental car company Hertz. An upgraded price target for Tesla stock from influential Wall Street auto analyst Adam Jonas of Morgan Stanley helped boost Tesla too.
The Supreme Court on Tuesday will consider the legality of a policy championed by President Donald Trump during his first term that prevented scores of migrants arriving at the southern border from starting the process of applying for asylum.
A young, well-liked facilities manager at the Kennedy Center has gone from being described as “in charge of HVAC and toilets” to head of the renowned arts institution.
Democrats in Florida are hoping to capitalize on the party’s recent special election overperformances and come out on top Tuesday in a special state House election for a Palm Beach district that includes President Donald Trump’s Mar-a-Lago residence.
The Supreme Court on Monday appeared ready to limit mail-in ballots, a move that would reinforce the justices’ pattern of shrinking voter protections and that has, at bottom, favored Republican interests and the Trump administration.
An Air Canada plane traveling from Montreal collided with an emergency vehicle on the runway at New York City’s LaGuardia Airport in the late hours of Sunday night, killing two pilots and injuring dozens of people.
Top Senate Republicans on Capitol Hill believe their party is unified behind a plan to reopen the Department of Homeland Security. Now, they need to sell the plan to Democrats.
Markwayne Mullin will serve as Donald Trump’s next Department of Homeland Security secretary, elevating the US senator to helm the agency at the center of the president’s controversial immigration enforcement effort and an ongoing shutdown.
President Donald Trump’s sudden turnabout and, according to him, rapidly advancing peace talks made for an abrupt shift in the administration’s approach to the Iran war.
The Supreme Court’s conservative majority appeared dubious of state laws that allow the counting of mail ballots that arrive at election offices after Election Day as justices heard oral arguments in a challenge to Mississippi’s five-day grace period for mail ballots.
The chief district judge in New Jersey appointed Robert Frazer, a career prosecutor, to serve as US attorney for the state, ending for now a dispute over the legality of the office’s leadership that threatened to derail criminal investigations.
Tens of thousands of taxpayer dollars were spent on expenses for hair and makeup artists and a horse for the advertisement showcasing outgoing Department of Homeland Security Secretary Kristi Noem in front of Mount Rushmore, according to invoices seen by CNN.
President Donald Trump was presented Sunday with a potential off-ramp to the more than month-long Department of Homeland Security shutdown: fund every part of the department except enforcement operations by Immigration and Customs Enforcement, two sources familiar with the conversations told CNN.
Immigration and Customs Enforcement agents are heading to 13 airports today to help with crowd management as travelers at some airports wait in hours-long security lines amid the DHS shutdown. Follow here for the latest.