Wall Street edges higher as Tesla lags, AMC and MicroStrategy jump

U.S. stocks inched higher on Monday, but beneath the smooth index closes, meme names, bitcoin proxies and Chinese ADRs traded like a late?cycle minefield. U.S. equities finished Monday’s session slightly higher, with the Dow Jones Industrial Average rising 0.36%, the S&P 500 index adding 0.45%, and the Nasdaq Composite gaining 0.5%, according to Gate’s market data. The advance came even as individual names swung widely: AMC Entertainment jumped 12%, MicroStrategy climbed 6%, Advanced Micro Devices dropped 5%, and Tesla slipped 2%. Chinese?focused stocks lagged, with the Nasdaq Golden Dragon China Index closing down 0.2% and iQIYI losing 4%. Mixed day…