Source: United States & Canada – South China Morning PostThe S&P 500 and the Nasdaq hit intraday record highs on Monday, beginning the week with the Federal Reserve’s policy meeting on a strong note, while Tesla shares gained following CEO Elon Musk’s stock purchase.
The electric vehicle maker jumped 5.8 per cent to its highest since late January after regulatory filings revealed Musk had acquired nearly US$1 billion worth of Tesla’s stock on Friday.
This week, the Fed’s rate decision will take centre stage, with investors largely expecting a…Read More