US Stocks Finish Higher as Tesla and Apple Lead Gains

📈Tesla shares soared 15% after making progress in securing regulatory approval to launch its Advanced Driver Assistance program in China, its second-largest market after the US.

🍎Shares of Apple climbed 2.5% after being upgraded to outperform by Bernstein. The iPhone maker also reportedly renewed discussions with OpenAI about using the startup's generative artificial intelligence technology.

💸The Federal Reserve is expected to hold rates steady in its upcoming meeting. Investors will closely watch the central bank's comments on the economy and the jobs report out later in the week.

🍕Domino's Pizza added nearly 6% after surpassing profit and sales estimates in the latest quarter.

🤑Stocks of crypto-related companies, including Coinbase Global and crypto miners Riot Blockchain and Marathon Digital, fell over 7% as the price of Bitcoin declined.

Why did Tesla shares soar?

—Tesla shares soared 15% after making progress in securing regulatory approval to launch its Advanced Driver Assistance program in China, its second-largest market after the US.

What caused the increase in Apple shares?

—Shares of Apple climbed 2.5% after being upgraded to outperform by Bernstein. The iPhone maker also reportedly renewed discussions with OpenAI about using the startup's generative artificial intelligence technology.

What is the expectation for the Federal Reserve meeting?

—The Federal Reserve is expected to hold rates steady in its upcoming meeting. Investors will closely watch the central bank's comments on the economy and the jobs report out later in the week.

Why did Domino's Pizza stock rise?

—Domino's Pizza added nearly 6% after surpassing profit and sales estimates in the latest quarter.

Why did crypto-related stocks decline?

—Stocks of crypto-related companies, including Coinbase Global and crypto miners Riot Blockchain and Marathon Digital, fell over 7% as the price of Bitcoin declined.

00:00US stocks finished higher on Monday with sharp gains for Tesla and Apple leading the way as investors awaited the Federal Reserve policy meeting and its outlook for interest rates.

00:23Tesla shares soared 15% after making progress in securing regulatory approval to launch its Advanced Driver Assistance program in China, its second-largest market after the US.

00:36Shares of Apple climbed 2.5% after being upgraded to outperform by Bernstein. The iPhone maker also reportedly renewed discussions with OpenAI about using the startup's generative artificial intelligence technology.

00:54The Federal Reserve is expected to hold rates steady in its upcoming meeting. Investors will closely watch the central bank's comments on the economy and the jobs report out later in the week.

01:39Domino's Pizza added nearly 6% after surpassing profit and sales estimates in the latest quarter.

01:52Stocks of crypto-related companies, including Coinbase Global and crypto miners Riot Blockchain and Marathon Digital, fell over 7% as the price of Bitcoin declined.