U.S. Stock Market: Mixed Opening with Tesla Slump and Stablecoin Surge

The U.S. stock market saw mixed results on opening day. The Dow Jones Industrial Average eked out a modest gain of 0.02%, while the S&P 500 rose by 0.12%, and the Nasdaq Composite climbed by 0.22%. However, Tesla shares faced a setback, declining by 3% following downgrades from several investment banks, coming off a nearly 15% drop last week. Meanwhile, Circle, renowned for its stablecoin stock, continued its upward momentum, surging over 22% from the previous week’s gains.