US stocks climb higher in first trading session of 2021

US stocks climb higher in first trading session of 2021

Traders work on the floor of the NYSE in New York

Reuters

US stocks climbed higher in the first trading session of 2021 on Monday as investors returned from the New Year holiday.Bitcoin saw a volatile trading session on Monday after it fell 17% following a surge to record highs just below $35,000.Watch major indexes update live here.

US stocks gained in the first trading session of 2021 on Monday as investors returned from the New Year holiday.

Bitcoin surged and then dropped in a volatile trading session. The popular cryptocurrency hit record highs just below $35,000 on Sunday before falling as much as 17% in Monday trades to levels not seen since last week. Bitcoin's fall was its steepest since March. 

Here's where US indexes stood shortly after the 9:30 a.m. ET open on Monday:

S&P 500: 3,766.38, up 0.27%Dow Jones industrial average: 30,634.72, up 0.09% (28.24 points)Nasdaq composite: 12,947.43, up 0.39%

Read more: GOLDMAN SACHS: Buy these 37 stocks that could earn you the strongest returns without taking on big risks in 2021 as the recovery and vaccine distribution get underway





Tesla jumped 3% after it said it delivered nearly 500,000 electric vehicles in 2020, besting Wall Street expectations and falling just a few