Tesla Eyes Record Highs, Bitcoin Tumbles To $86,000: What’s Moving Markets Monday?
Wall Street traded little changed Monday after last Friday’s tech-led sell-off failed to trigger meaningful dip-buying interest.
By midday trading in New York, major indexes hovered near flat levels as investors stayed cautious ahead of a dense macro calendar this week.
Traders are focused on Tuesday’s release of official October and November payroll data alongside October retail sales.
According to Fed futures, markets assign only a 24% probability to another 25-basis-point rate cut in January. Investors broadly price in two cuts next year.
Expectations for a near-term extension of the easing cycle cooled after Fed Chair Jerome Powell signaled last week that policymakers are in a wait-and-see phase following three consecutive cuts.
Rate-cut expectations have increasingly shifted further out. Traders now see easing more concentrated in the second half of 2026, as Powell’s term ending in May could potentially open the door to a more dovish successor.
Tesla Inc. (NASDAQ:TSLA) led gains among mega-cap stocks. Shares climbed more than 4%, marking the 12th gain in the past 15 sessions and pushing prices near record …
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