(AP) – Stocks pushed to more gains and record highs on Wall Street, just as the market came off its biggest week since November.
The S&P 500 rose 0.7% Monday. Investors are keeping their focus on better-than-expected company earnings and the prospects for more economic stimulus to combat the impact of the coronavirus.
Small-company stocks continued to outpace the rest of the market, a sign that investors are feeling optimistic about the economy.
Treasury yields also rose.
Tesla climbed after saying it bought $1.5 billion in Bitcoin and pIans to allow customers to pay for electric vehicles with the digital currency.