CNBC Daily Open: Tesla makes up for Nvidia’s dip

Individual stocks sway indexes
On Monday, the S&P 500 roseate 0.4% and the Nadaq Composite added 0.6%, mostly spurred higher by Tesla. Shares of Goldman Sachs and Salesforce fell, causing the Dow Jones Industrial Average to driblet 0.1%, Europe's determination Stoxx 600 ended level aft recouping losses.

Autonomous vehicles connected the agenda
Tesla shares jumped 5.6% after it was reported that President-elect Donald Trump's incoming medication plans to draw up a national framework that volition modulate self-driving vehicles. The regulatory model would marque adoption of self-driving cars overmuch easier. CNBC could not independently verify the report.

Super Micro aims astatine Nasdaq compliance
Super Micro Computer has hired BDO arsenic a caller auditor and submitted a plan to Nasdaq to guarantee compliance with the exchange, the institution said successful a statement. Shares closed 16% higher and were up implicit 38% successful after-hours trading. Super Micro's marketplace capitalization has tumbled from astir $70 cardinal astatine its highest to $12.6 cardinal arsenic of Monday aft investors learned of the company's compliance troubles.

'Europe-first' approach
European countries should follow a "Europe-first" attack to technology, particularly successful effect to Trump's protectionist inclinations, tech CEOs told CNBC. U.S. and Chinese companies "have been playing highly unfairly for the past 20 years," said Andy Yen, CEO of VPN developer Proton, portion Europe has a mindset that it needs to beryllium "fair to everybody."

[PRO] S&P offers crisp upside
Wall Street slope Morgan Stanley sees the S&P 500 hitting 6,500 adjacent twelvemonth connected the backmost of much complaint cuts and affirmative firm sentiment galvanized by the predetermination results. That's astir a 10% upside from Monday's close. But investors should inactive beryllium wary of definite headwinds, warned the bank's Chief U.S. Equity Strategist Mike Wilson.

Investors are waiting with bated enactment for Nvidia's net study connected Wednesday.

"The prima this week is our person Nvidia," said Kim Forrest, main concern serviceman astatine Bokeh Capital Partners, highlighting its value to each the cardinal indexes with its caller inclusion successful the Dow. "Unless immoderate accusation comes retired earlier then, the marketplace is going to hold and spot what's going connected with Nvidia."

Shares of Nvidia fell 1.3% connected a study from The Information that the company's caller Blackwell chips thin to overheat erstwhile connected to customized servers. Nvidia's driblet had the largest antagonistic effect connected the S&P and Nasdaq, dragging down the erstwhile by 0.52 points and the second by 23 points.

However, Tesla — which has mostly seen ample gains since Trump won the elections — managed to much than marque up for Nvidia's loss. Tesla shares jumped 5.6%, contributing to a 0.62-point summation successful the S&P and 47-point emergence successful the Nasdaq.

That helped the S&P execute its archetypal winning time successful three, and the Nasdaq interruption its four-day losing streak.

"The marketplace is acceptable up good for equities, and investors are not going to spot the pullback they want," said Andrew Slimmon, Morgan Stanley Investment Management's caput of the applied equity advisors team.

For now, contempt the market's losses past week, "a beardown economy, the Fed continually cutting rates, and beardown Q3 earnings" volition supply enactment for stocks, said Slimmon.

— CNBC's Samantha Subin and Pia Singh contributed to this report.