U.S. stocks open slightly higher as Tesla and cryptocurrency sectors surge
the US stock market opened slightly higher, with the Dow up 0.51%, the Nasdaq up 0.36%, and the S&P 500 up 0.30%. Tesla rose nearly 8%, with the stock surging 29% last week and its market value returning to over $1 trillion. Wedbush raised its target price for Tesla from $300 to $400. Bitcoin broke through $82,000 for the first time in history, and cryptocurrency concept stocks surged. Bit Digital rose more than 17%, Canaan Technology and MARA Holdings rose more than 15%, and Riot Platforms and MicroStrategy rose nearly 10%.
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