US DJIA Closes with a 227-Point Increase; Tesla and NVIDIA Rise Over 1%
US Stock Market Performance: The US stock market opened higher on Monday, with the DJIA up 227 points (0.5%), Nasdaq up 121 points (0.5%), and S&P 500 up 43 points (0.6%) as the Christmas holiday approaches.
Tesla and Major Tech Stocks: Tesla's stock peaked at US$498.83 before closing at US$488.73, while other major tech stocks showed mixed results, with Apple down 1%, Microsoft down 0.2%, and Alphabet up 0.9%.
Retail Sales Data: Retail sales in the US for October remained flat at 0.0%, falling short of the forecast of 0.1% and lower than the previous month's value of 0.2%.
AI Stocks and Acquisition News: AI stocks performed well, with NVIDIA up 1.5%, Oracle up 3.3%, and Micron up 4%. Additionally, Oracle's Larry Ellison backed Paramount's acquisition offer for Warner Bros, leading to gains for both companies.
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