S&P 500 Flat as Tesla Offsets Losses in Banks, Energy Stocks

S&P 500 Flat as Tesla Offsets Losses in Banks, Energy Stocks
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, on March 21, 2022. Brendan McDermid/Reuters
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The S&P 500 was trading largely flat on Monday as gains in Tesla were offset by declines in bank and energy shares, ahead of the first face-to-face peace talks between Ukraine and Russia in more than two weeks.

The electric-car maker jumped 5.3 percent after saying that it will seek investor approval to increase its number of shares to enable a stock split.