Wall St rises on Tesla boost as investors await inflation data

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By Shristi Achar A and Shubham Batra (Reuters) -The S&P 500 and Nasdaq were on course for their best day in two weeks on Monday as Tesla led gains in megacaps, while investors awaited inflation data due later this week for clues on the U.S. Federal Reserve’s interest-rate path. Tesla jumped 8.7% as Morgan Stanley upgraded it to “overweight” from “equal-weight”, saying the EV maker’s Dojo supercomputer could boost the company’s market value by nearly $600 billion. Shares of other megacaps including Apple, Microsoft and Amazon rose between 0.1% and 2.4%%. The S&P 500 consumer discretionary stock…

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