Major U.S. stock indexes were higher Monday afternoon as the U.S. equities market looks to rebound from a sharp sell-off at the end of last week.

Tesla stock was on fire in early action, soaring 9% in premarket trade and helping to lift the Nasdaq 100. The stock did drop 8% over the last five days, though it's up 47% over the last month.

Wall Street’s major averages look to open Monday’s trading session in a mixed fashion after investors watched the broader markets close lower after the the latest rally fueled by the presidential election faded.

U.S. stocks are ticking higher Monday as Wall Street recovers some of last week's sharp slide. The S&P 500 was up 0.3% in afternoon trading. The Dow Jones Industrial Average was down 115 points, or 0.