Tesla Leads Wall Street Indicators at Unprecedented High Levels

The S&P 500 and Nasdaq indices opened at unprecedented high levels on Monday, led by gains in Tesla shares and energy companies' stocks at the start of a week packed with economic data, alongside a potential move by the Federal Reserve to slow down bond purchases. The Dow Jones Industrial Average rose by 14.09 points, or 0.04%, to 35,833.65 points. The S&P 500 opened up 5.24 points, or 0.11%, to 4,610.62 points, while the Nasdaq Composite increased by 42.87 points, or 0.28%, to 15,541.26 points. As the markets await global interest rate movements, Wael Makarem, Chief Market Strategist at Exness, indicated in an interview with "Al Arabiya" that weak economic figures in the UK are likely to prompt the Bank of England to hesitate in raising interest rates on the British pound.