The U.S. stock market’s record-breaking rally slowed after uncertainty rose over the weekend about what will happen next in the Iran war.
The S&P 500 edged up 0.1 percent Monday, beating its all-time high set on Friday. The Dow Jones Industrial Average dipped 0.1 percent, and the Nasdaq composite added 0.2 percent to its own record. Crude prices climbed more than 2 percent as oil tankers still find the Strait of Hormuz effectively closed to traffic.
This upcoming week is packed with profit reports from Wall Street’s biggest companies and interest-rate announcements from the world’s most influential central banks.
On Monday:
The S&P 500 rose 8.83 points, or 0.1 percent, to 7,173.91.
The Dow Jones Industrial Average fell 62.92 points, or 0.1 percent, to 49,167.79.
The Nasdaq composite rose 50.50 points, or 0.2 percent, to 24,887.10.
The Russell 2000 index of smaller companies rose 1.19 points, or less than 0.1 percent to 2,788.19.
For the year:
The S&P 500 is up 328.41 points, or 4.8 percent.
The Dow is up 1,104.50 points, or 2.3 percent.
The Nasdaq is up 1,645.11 points, or 7.1 percent.
The Russell 2000 is up 306.28 points, or 12.3 percent.
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