Wall Street closes inconsistently – Tesla on course for recovery

new York The US stock exchanges closed mixed on Monday after a friendly start. Fading interest rate concerns and the opening of the Chinese border to travelers made US investors grab shares early in the business. However, there was some selling in late trading. Bets on more moderate rate hikes by the US Federal Reserve after recent signs of a slowdown in the labor market drove demand for technology stocks.

The Dow Jones index went down 0.3 percent to 33,517 points from trading. The tech-heavy Nasdaq advanced 0.6 percent to 10,635 points. The broad S&P 500 lost 0.1 percent to 3892 points.

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