Tesla stock jumped after a report said Trump's transition team is prioritizing the creation of federal framework for fully autonomous cars...

The Dow was down 72 points, or 0.2%, as some of its largest stocks by weight like Goldman Sachs and UnitedHealth Group were on the decline. The Nasdaq Composite was up 0.8%. "Traders appear to be gauging the potential impact of a new Trump administration’s policies on the economy, and the possibility that the Fed may slow down its rate-cutting campaign," writes Chris Larkin, managing director, trading and investing at E*TRADE from Morgan Stanley...

Tesla (TSLA) shares get a serious bump to the upside Monday morning as Bloomberg reports that President-elect Donald Trump's transition team could be looking to push through a regulatory framework for full self-driving vehicles. Tesla CEO Elon Musk has been a vocal supporter of Trump on the 2024 campaign trail and has been picked to co-lead a proposed Department of Government Efficiency (DOGE).  Madison Mills and Brad Smith report more on this news and what it could mean for the expanding landscape for autonomous vehicles. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Luke Carberry Mogan...

(Reuters) -Tesla shares rose more than 5% on Monday after Bloomberg News reported that President-elect Donald Trump's transition team was planning to set up federal regulations for autonomous vehicles. The report comes days after Trump named the automaker's CEO, Elon Musk, as a co-head of the incoming administration's government efficiency department...