U.S. stock indexes drifted closer to records, coming off their stellar May.
The S&P 500 rose 0.4 percent Monday. The Dow Jones Industrial Average edged up 0.1 percent, and the Nasdaq composite added 0.7 percent.
Each of the indexes had dropped nearly 1 percent in the morning following some discouraging updates on U.S. manufacturing. But stocks rallied back as the day progressed, and gains for a few influential Big Tech stocks helped the S&P 500 to rise even though the majority of stocks within it weakened.
On Monday:
The S&P 500 rose 24.25 points, or 0.4 percent, to 5,935.94.
The Dow Jones Industrial Average rose 35.41 points, or 0.1 percent, to 42,305.48.
The Nasdaq composite rose 128.85 points, or 0.7 percent, to 19,242.61.
The Russell 2000 index of smaller companies rose 3.88 points, or 0.2 percent, to 2,070.16.
For the year:
The S&P 500 is up 54.31 points, or 0.9 percent.
The Dow is down 238.74 points, or 0.6 percent.
The Nasdaq is down 68.18 points, or 0.4 percent.
The Russell 2000 is down 159.99 points, or 7.2 percent.
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