Stocks jump helped by Tesla and meme leaders AMC, GameStop

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Investors eye a busy week for economic data as the month of March winds down.

targeting billionaires as part of his 2023 budget request, proposing a 20% rate that would hit both the income and unrealized capital gains of the wealthiest Americans.

U.S. stocks were trending lower early Monday morning as the war in Ukraine is adding to worries over instability, energy prices and economic slowdowns in various nations. Tesla shares rose 8% after the company announced it will ask shareholders for additional stock to enact a split and a possible dividend.

 

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