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Wall Street edges higher on U.S. infrastructure bill; Tesla drags

Published by
Reuters

By Stephen Culp NEW YORK (Reuters) – Wall Street stocks edged higher on Monday, as investors cheered the passage of a U.S. infrastructure spending bill, but gains were limited by falling Tesla shares. All three major U.S. stock indexes pared early gains but the S&P 500 and the Nasdaq remained on course to extend their run of all-time record closing levels to eight straight sessions. But Tesla Inc fell 3.1%, the heaviest weight on the S&P 500. CEO Elon Musk’s Twitter held a Twitter poll on whether he should sell about 10% of his holdings of stock in the electric automaker company he founded. Th…

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