The US markets started the week on a positive note led by a rally for tech stocks as investors piled back into the growth assets following a volatile start to the year for technology companies. Twitter shares soared 27.1% yesterday, the company?s biggest one-day gain on record, after Tesla CEO Elon Musk purchased a 9.2% stake in the social media company, making him the largest outside shareholder of the company. A spotlight on Hertz as shares in the vehicle rental company jumped 10.7% on Monday after the company announced plans to buy 65,000 electric vehicles from Polestar over the next 5-years. Mercedes-Benz has issued a recall for more than 8000 vehicles made in 2021 and 2022 over issued with the vehicle?s Distronic advanced driver-assistance software that could increase the risk of a crash by detecting the driver?s hands are off the wheel even if they are not.
VIDEO: US markets rallied, Twitter soared 27% on Musk share purchase, Hertz jumped 10.7% on EV plans
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