Dow Jones futures rise as Bitcoin surpasses $82,000 and Tesla shares jump on price-target increase
Dow Jones futures rose 0.5% in premarket trading on Monday, driven by Bitcoin's surge above $82,000 for the first time. The S&P 500 and Nasdaq 100 futures also gained, reflecting positive market sentiment. Tesla stock jumped 7% after Wedbush raised its price target from $300 to $400. This follows a strong week for Tesla, which saw a 29% increase in its shares. In other market movements, oil prices fell to around $68.75 per barrel, and the 10-year Treasury yield decreased to 4.31%. Major tech stocks, including Alphabet and Nvidia, also saw premarket gains.