Risk sentiment edged higher on Monday, rebounding after two consecutive losing sessions and the worst week for the U.S. stock market since early September, as pressures from dollar and Treasury yields faded.

All 11 sectors of the S&P 500 traded in positive territory, with consumer discretionary stocks outperforming, thanks to a 7% surge in Tesla Inc. TSLA.

The electric vehicle maker's rally followed reports the incoming Donald Trump administration plans to prioritize a federal framework for fully autonomous vehicles. According to Bloomberg, the Department of Transportation could soon place this framework at the top of its agenda.

The tech-heavy Nasdaq 100 outperformed both the S&P 500 and the Dow Jones Industrial Average on Monday. Gains in commodities also stood out, as gold, crude oil natural gas prices all posted strong rebounds amid escalating geopolitical tensions between the U.S. and Russia.

The U.S. dollar paused its recent rally after marking seven consecutive weeks of gains through Friday. Treasury yields, meanwhile, were flat, as the session lacked significant economic data or fresh comments from Federal Reserve officials to provide market direction.

The cryptocurrency market remained on fire, with Bitcoin (CRYPTO: BTC) surging 1.5% past the $92,000 mark and setting the stage for a potential record-high close. Ethereum ETH/USD also advanced, rising 3% on the day.

Monday’s Performance In Major U.S. Indices, ETFs

Major Indices	Price	1-day % chg
Nasdaq 100	20,547.68	0.8%
Russell 2000	2,315.20	0.5%
S&P 500	5,897.81	0.5%
Dow Jones	43,504.83	0.1%

According to Benzinga Pro data:

• The SPDR S&P 500 ETF Trust SPY rose 0.4% to $587.87.
• The SPDR Dow Jones Industrial Average DIA flattened at $434.49.
• The tech-heavy Invesco QQQ Trust Series QQQ rose 0.7% to $499.91.
• The iShares Russell 2000 ETF IWM rose 0.5% to $229.72.
• The Consumer Discretionary Select Sector SPDR Fund XLY outperformed, rising 1.2%. The Health Care Select Sector SPDR Fund XLV lagged, up 0.1%.

Monday’s Stock Movers

• Redfin Corp. RDFN fell 3.7% after Goldman Sachs downgraded the stock from “Neutral” to “Sell.”
• Super Micro Computer Inc. SMCI rallied 18% after the company announced plans to submit a compliance proposal to Nasdaq by Monday to avoid delisting.
• Affirm Holdings Inc. AFRM rose 9.3% on Monday after the company revealed an expanded partnership with online travel agency Priceline, under which Affirm will serve as the pay-over-time provider for Priceline Partner Solutions.
• Uber Technologies Inc. UBER dropped more than 7% as concerns over potential regulations on fully autonomous vehicles raised questions about the company's business model.
• Palantir Technologies Inc. PLTR declined 5% due to profit-taking after an 11% rally on Friday, which had pushed the AI-defense company's year-to-date gains to nearly 290%.

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