Wall Street Today | S&P 500, Dow Hit Closing Highs

Just past 4:10 pm ET the $S&P 500 Index (.SPX.US)$ traded +0.28%, the $Dow Jones Industrial Average (.DJI.US)$ climbed 0.15%, and the $Nasdaq Composite Index (.IXIC.US)$ climbed 0.14%.

$Crude Oil Futures(JAN5) (CLmain.US)$ remained at $70, giving up earlier gains after Iran's president told reporters the country was prepared to take steps to ease tensions in the Middle East if Israel takes the same actions.

$Bitcoin (BTC.CC)$ remained at $63k/coin. Gold climbed to a fresh high while Silver stayed at $30. $U.S. 2-Year Treasury Notes Yield (US2Y.BD)$ and the $U.S. 10-Year Treasury Notes Yield (US10Y.BD)$ climbed.

$Constellation Energy (CEG.US)$ climbed 6% at one point Monday morning, after analysts at Morgan Stanley raised their price target from $233 to $313, according to Benzinga. Keybanc analyst Sangita Jain maintained an Overweight rating and raised the price target from $230 to $265. The stock jumped but then pulled back, as the market priced in the news that $Microsoft (MSFT.US)$ would fund the reop[ening of Unit 1 of Three Mile Island Friday.

$General Motors (GM.US)$ fell 3%, at one point the lowest on the slowly moving S&P 500 after analysts at Bernstein cut the stock from $53 to $54. Shares were trading at $47, about 77% higher than last year when the firm faced a United Auto Workers Strike.

$Tesla (TSLA.US)$ climbed 4.94%, the highest on the Nasdaq 100. Seeking Alpha and Barrons attributed the climb to analysts' expectations of the firm's October 2nd delivery release., Barclays analyst Dan Levy wrote Monday that he sees third-quarter deliveries coming in at about 470,000 vehicles, higher than the roughly 460,000 consensus estimate.

Shares of $Alaska Air (ALK.US)$ were up 5% in intraday afternoon trading Monday after the company said it launched a proposed senior secured term loan facility to finance its debt as it seeks to merge with Hawaiian Airlines.

$Qualcomm (QCOM.US)$ shares pulled back after the Friday Intel acquisition news was confirmed over the weekend. $Intel (INTC.US)$ shares, after pricing in a 15% jump over the weekend, did not advance much Monday, after analyst opinions on the long regulatory process for a possible deal tempered enthusiasm for the takeover possibility.

$Palantir (PLTR.US)$ shares climbed on its first day of trading as a constituent of the $S&P 500 Index (.SPX.US)$, even after Raymond James analyst Brian Gesuale lowered his rating on the stock. The rating was revised to market perform from outperform, as the analyst cited a five-fold jump in valuation leaving little room for error, according to Bloomberg.

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