SpaceX’s Starship explodes for third time in a row, Musk promises more frequent launches

The bank upgraded the cloud software maker to overweight from equal weight.

Stocks had attempted to make a comeback on Monday following last week’s postelection selloff, sparked by interest rate concerns.

Market watchers have labeled the new U.S.-China deal to temporarily cut tariffs “better than expected,” “more workable” and even a “dream scenario.”