WALL ST GAINS AS TESLA LEADS MEGACAP RALLY

Wall Street rose on Monday as Tesla led gains in megacaps, while investors awaited inflation data due later this week for clues on the U.S. Federal Reserve's interest-rate path. Tesla (TSLA.O) jumped 5.8% as Morgan Stanley upgraded it to "overweight" from "equal-weight", saying the EV maker's Dojo supercomputer could boost the company's market value by nearly $600 billion. Shares of other megacaps including Alphabet (GOOGL.O), Microsoft (MSFT.O) and Amazon (AMZN.O) rose between 0.4% and 1.1%.

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