U.S. stocks rise as Trump reelection boosts market; Honda faces engine probe

U.S. stocks rose on Monday, driven by gains in sectors expected to benefit from Donald Trump's reelection. The S&P 500 increased by 0.1%, while the Dow Jones climbed 304 points, or 0.7%. Tesla's stock surged 9.1%, contributing to the market's upward trend. Financial stocks also performed well, with JPMorgan Chase rising 1%. Investors are optimistic about potential economic growth and less regulation under a second Trump term. However, some major tech stocks experienced declines, limiting overall index gains. Separately, the U.S. government is investigating engine failures in 1.4 million Honda and Acura vehicles. The probe focuses on models from 2016 to 2020, with concerns about connecting rod bearings that could lead to complete engine failure.