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

News Snapshot:

Stocks rose above the flatline Monday to kick off 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 0.1%. The tech-heavy Nasdaq Composite (^IXIC) gained 0.2% as Tesla (TSLA) shares surged 15% amid upbeat China news. The Dow Jones Industrial Average (^DJI), which has fewer tech components, rose about 0.2%. Stocks briefly gave up earlier session gains after the US Treasury increased its federal borrowing estimate by $41 billion to $243 billion for the current quarter. The yield on the 10-year Treasury...