Stocks Grind Higher As Dollar Weakens, Tesla Rockets On Analyst Boost: What’s Driving Markets Monday?

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Wall Street started the week on a positive note, with all the major stock averages posting modest yet encouraging gains on Monday. Highlighting the day, Tesla Inc. (NASDAQ:TSLA) soared by as much as 10%, marking its most robust daily increase since the end of January 2023. The boost for Elon Musk’s enterprise came after Morgan Stanley upgraded the company from Marketweight to Overweight, raising the price target from $250 to $400 per share. Qualcomm Inc. (NASDAQ:QCOM) climbed by over 3.5%, leading the pack among semiconductor stocks. This rise was spurred by the company securing of a 3-year 5G…

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