U.S. stocks rose early Monday as Wall Street digested Sunday night's bitter presidential debate between Hillary Clinton and Donald Trump. CBS Corporation (CBS) has hired Lazard to look into a possible merger with Viacom (VIAB) . Viacom has retained Morgan Stanley. Both companies split from each other back in 2006. Tesla (TSLA) shares rose 2.5% after CEO Elon Musk tweeted that the company will be holding a "product unveiling" on Oct. 17. Deutsche Bank (DB) shares rose slightly, despite reports from a German newspaper that CEO John Cryan has yet to come to a settlement with the U.S. Department of Justice over toxic mortgage-related securities the bank sold leading up to the 2008 financial crisis.
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Despite the president's promise of no stimulus until after Nov. 3, there are no signs yet that this is the sort of correlated selling that leads to a deep correction.
Salesforce, Amgen and Honeywell will give a lift to the DJIA going forward.
CAG has hung onto the bulk of its recent gains, and could rise to the $50 area, according to the charts and indicators.