Stock Markets Gain as GM Stands Up to Tesla; AMC Still Has Hope

Dan Caplinger, The Motley Fool
·3-min read
Stock Markets Gain as GM Stands Up to Tesla; AMC Still Has Hope

The stock market has been trying to match its 2020 performance at the beginning of 2021, and over the weekend, investors appear to have built up their resolve to take major market benchmarks back toward all-time highs. The S&P 500 (SNPINDEX: ^GSPC) rose 15 points to 3,783, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) gained 85 points to 13,084. Electric vehicles and autonomous driving have been huge growth areas for the market lately, dominated by the significant gains in electric automaker pioneer Tesla (NASDAQ: TSLA) in 2020.