India, April 29 -- Stocks are seeing modest strength during trading on Monday, adding to the substantial gains posted last week. The major averages have all moved to the upside on the day, although buying interest has been somewhat subdued.
Currently, the Dow is up 75.63 points or 0.2 percent at 38,315.29, the Nasdaq is up 42.80 points or 0.3 percent at 15,970.70 and the S&P 500 is up 12.53 points or 0.3 percent at 5,112.49.
The modest strength on Wall Street comes as stocks continue to benefit from the upward momentum seen last week, which came amid a positive reaction to upbeat tech earnings.
Shares of Tesla (TSLA) have skyrocketed by 12.3 percent after the electric vehicle maker said local Chinese authorities removed restrictions on i...