Dow Jones Rises; Nasdaq’s 3-Week Winning Streak; Tesla’s 35% Upside; Microsoft, Tesla, Salesforce, Lam Research and KLA On Deck

The Dow Jones Industrial Average rose over 0.5% in the opening hour on Monday after Friday’s 1% gain. The blue chip index is getting closer to its 50-day moving average. X The S&P 500 gained nearly 1% in early trading and appears to be clearing resistance at its 200-day moving average. The Nasdaq led with a market-leading gain of over 1%, but in light volume. The tech-dominated index has posted three-straight weekly gains in the new year, rallying 7%. On Friday, it cleared its 50-day line. The 200-day moving average, a line of resistance since April 2022, looms ahead. Volume…