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U.S. stock futuresWall Street’s desire to continue building on Wall Street led to higher prices Tuesday morning. Monday’s record closeFor the Dow Jones Industrial AverageAnd S&P 500 The NasdaqMonday’s top performer was Tesla with an increase of 0.9%. Tech-heavy Index finished at 1.15% below its previous record high. The blue-chip Dow has risen in four of its past five sessions, while the broad S&P has posted eight positive sessions in its past nine.

The benchmark 10-year Treasury yield fell slightly Tuesday morningThe exchange rate was 1.618%. On Monday, 10-year yieldIt reached 1.673% before retracing to slightly over 1.63%.

Technology earnings are busy this week, especially after Tuesday’s close of the market as heavyweights Alphabet and Microsoft are scheduled to report. Advanced Micro Devices, which can offer insight into the global semiconductor shortage,And TwitterSet reports will be sent after the bell.

Pictures of FacebookThe pre-market trades were up by around 2% as investors celebrated the social media giant’s success. better-than-expected third-quarter earningsAnd its recent decision to raise $50 billion for its stock purchase plan. According to Refinitiv, while Facebook’s revenues fell short of expectations, the per-share earnings were $3.22, exceeding projections of $3.19.

Facebook’s quarterly reports are set against the background of a large, ongoing document dumpFrances Haugen is a whistleblower and a former product manger at Facebook. Numerous news agencies have reported on these documents recently, showing that Facebook does not address or is unable to correct the damage it believes its apps and services are causing. However, Facebook CEO Mark Zuckerberg defended the company on Monday’s earnings call, contending the document leak is painting “a false picture of our company.” 

Tesla’s market capitalization surpassed $1 trillion on Monday. Shares of Tesla surged 11.6% to $1,024.86. In Tuesday’s premarket, the stock fell by less than 1 percent. This big move came on Monday after Hertz announced that it will order 100,000 Tesla cars by the end 2022. Morgan Stanley’s auto analyst Adam Jonas also got it. hiked his price targetTesla Model S to $1,200 Starting at $900

Tesla is the most highly valued auto manufacturer in the world, joining the ranks of Apple Amazon and Microsoft in the $1 trillion market cap club.

Biden Administration released new details MondayThe U.S. will remove all restrictions on international travel from 2020, as part of its Covid rules. Passenger’s vaccination status will be checked by airlines before they fly to the United States. This information can then be used to trace contact details.

Unvaccinated Americans or adult travelers that are granted an exemption from the vaccination requirement now must test positive within one day after they travel. Previously, this was within three days before departing to the U.S. the White House said

The White House and the Congressional Democrats are hustling to reach a deal on their signature domestic spending packageMaybe even before President Joe BidenHeads to Europe Thursday for a series meeting. House Speaker Nancy Pelosi would bring the companion, bipartisan infrastructure bill to be voted on by Democrats if they agree on a less expensive version of their spending plan. It has passed the Senate already. Biden could sign the legislation into law if it is approved by the House later in this week.

As Democrats respond to concerns raised by Sens., two members of the centrist party, Democrats, domestic spending packages are likely to fall between $3.5 trillion and $1.5 trillion. Joe Manchin, West Virginia, Kyrsten Sinema, Arizona. They are crucial to the Senate’s passing of the plan, which is equally divided 50-50 between Republicans and Democrats.

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