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.

The NAHB/Wells Fargo National Housing Market Index (HMI) printed at 46.0 for November, up from 43.0 in October and better than the 44.5 consensus forecast compiled by FactSet. Still, the HMI remains in contraction territory. But, as Raymond James Chief Economist Eugenio J. Alemán notes, it's up seven points compared to 39.0 in August.