Wall Street's main indexes opened higher on Monday as Treasury yields eased on hopes of a less aggressive Federal Reserve, while investors braced for a busy week of earnings dominated by big technology companies.
The Dow Jones Industrial Average rose 104.76 points, or 0.34%, at the open to 31,187.32. The S&P 500 opened higher by 9.26 points, or 0.25%, at 3,762.01, while the Nasdaq Composite gained 7.35 points, or 0.07%, to 10,867.07 at the opening bell.
Tesla fell 4.2% after cutting Model 3 and Model Y prices in China by up to 9%. The price cuts come amid signs of softening demand in China.
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