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- US tech stocks surged on Monday after Tesla received a bullish upgrade from Morgan Stanley.
- Tesla stock jumped as much as 10% after Morgan Stanley highlighted the company's Dojo supercomputer initiative.
- Also helping stocks on Monday was the biggest decline in the US dollar in two weeks.
Technology shares drove the stock market higher on Monday after Tesla received a bullish upgrade from Morgan Stanley.
Shares of Tesla jumped as much as 10% after Morgan Stanley said the company's Dojo supercomputer initiative could add $500 billion to its market value.