Gains in several big-name tech companies including Apple helped nudge the S&P 500 to another record high Monday, even as other parts of the market faltered.
The benchmark index was lower for most of the day, then turned higher in the last 10 minutes of trading, ending up 0.2%.
Trading has been choppy as investors gauge the strength of the economic recovery and whether emerging signs of inflation will be transitory, as the Federal Reserve believes. The Fed holds its latest meeting on interest rate policy this week.
On Monday:
The S&P 500 rose 7.71 points, or 0.2%, to 4,255.15.
The Dow Jones Industrial Average fell 85.85 points, or 0.2%, to 34,393.75.
The Nasdaq rose 104.72 points, or 0.7%, to 14,174.14.
The Russell 2000 index of smaller companies fell 9.66 points, or 0.4%, to 2,326.15.
For the year:
The S&P 500 is up 499.08 points, or 13.3%.
The Dow is up 3,787.27 points, or 12.4%.
The Nasdaq is up 1,285.86 points, or 10%.
The Russell 2000 is up 351.29 points, or 17.8%.
Before you consider ONE, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ONE wasn't on the list.
While ONE currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Unlock the timeless value of gold with our exclusive 2025 Gold Forecasting Report. Explore why gold remains the ultimate investment for safeguarding wealth against inflation, economic shifts, and global uncertainties. Whether you're planning for future generations or seeking a reliable asset in turbulent times, this report is your essential guide to making informed decisions.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
