Stock market today: S&P 500 gains after Tesla’s China gambit in big week for markets

News Snapshot:

Stocks on Wall Street inched higher Monday ahead of a big week filled with a Federal Reserve rate decision, the monthly jobs report, and earnings from more Magnificent Seven tech heavyweights. The S&P 500 (^GSPC) rose 0.3% and the tech-heavy Nasdaq Composite (^IXIC) gained roughly 0.4% as Tesla (TSLA) shares surged amid upbeat China news. The Dow Jones Industrial Average (^DJI), which has fewer tech components, was up about 0.1%. Stocks are eyeing a return to Friday's sharp gains, which came as strong earnings from Alphabet (GOOG, GOOGL) and Microsoft (MSFT) boosted optimism for a lasting Big Tech-driven rally. Quarterly...