On Monday, the stock market experiences a slight increase while the value of the dollar pauses, resulting in a decline for Tesla and other automobile manufacturers.

The U.S. stock market is starting the week quietly as investors await the upcoming Federal Reserve interest rate decision on Wednesday. Although there is little movement in major indices, there are slight overall gains, indicating a pause in the recent bullish momentum of the U.S. dollar. Tesla Inc. faced a setback as its shares dropped over 2% in response to Goldman Sachs lowering its earnings forecasts for the company. The United Auto Workers strike continues to impact major U.S. automakers, including Ford Motor Co., General Motors Co., and Stellantis N.V. On Monday, the S&P 500 Index rose 0.3% after falling 1.2% on Friday. The Dow Jones Industrial and Nasdaq 100 also showed marginal gains. The Russell dipped by 0.4%. In terms of ETFs, the SPDR S&P 500 ETF Trust, SPDR Dow Jones Industrial Average ETF, and Invesco QQQ Trust all saw slight increases. The Technology Select Sector SPDR Fund led gains among S&P 500 sectors, while the Real Estate Select Sector SPDR Fund was the laggard. Certain stocks, such as Apple Inc., Moderna Inc., Wayfair Inc., Stitch Fix Inc., and PTC Therapeutics Inc., experienced notable price movements. In the commodities and bonds market, crude oil remained flat, Treasury yields were stable, and the dollar weakened. European equity indices had a negative session, while gold, silver, and Bitcoin saw modest gains.