US stocks rise as Wall Street builds on last week's gains and Bitcoin hits record high
US stocks are rising on Monday, continuing gains from last week, which was the best week of the year. The S&P 500 is up 0.1%, with most stocks in the index climbing. The Dow Jones increased by 344 points, or 0.8%. The Nasdaq composite is down 0.2%. Australian futures indicate a 0.2% rise for the ASX, which fell 0.4% earlier. Tesla's stock surged 7.8%, contributing significantly to the S&P 500's rise. The stock has gained nearly 15% since Donald Trump's election victory.