US STOCKS-Wall Street closes up on tech rebound; Tesla gains ...Middle East

Wall Street rallied on Monday as technology stocks rebounded from a recent selloff sparked by surging bond yields and Tesla jumped after a fund run by an influential investor in the electric-car maker said its shares could approach $3,000 by 2025. Tesla Inc's gain provided one of the biggest boosts to the S&P 500 and Nasdaq after Ark Invest, founded by star stockpicker Cathie Wood, raised its price target on Friday using 34 inputs in a Monte Carlo model.

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