U.S. stocks ticked to the edge of records as Wall Street’s momentum keeps pushing it upward.
The S&P 500 climbed 0.3 percent Monday but finished just shy of its all-time high set last week. The Dow Jones Industrial Average rose 0.5 percent to its own record, while the Nasdaq composite added 0.4 percent to end a bit short of its high.
Some of the market’s best performing areas were ones that do best when former President Donald Trump’s chances for re-election look better. Trump Media & Technology Group, the company behind Trump’s Truth Social platform, soared by nearly a third. Bitcoin and longer-term Treasury yields also rose.
On Monday:
The S&P 500 rose 15.87 points, or 0.3 percent, to 5,631.22.
The Dow Jones Industrial Average rose 210.82 points, or 0.5 percent, to 40,211.72.
The Nasdaq composite rose 74.12 points, or 0.4 percent, to 18,472.57.
The Russell 2000 index of smaller companies rose 38.76 points, or 1.8 percent, to 2,187.02.
For the year:
The S&P 500 is up 861.39 points, or 18.1 percent.
The Dow is up 2,522.18 points, or 6.7 percent.
The Nasdaq is up 3,461.21 points, or 23.1 percent.
The Russell 2000 is up 159.95 points, or 7.9 percent.
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