NEW YORK—Wall Street drifted higher Monday ahead of a week of reports showing how strong U.S. shoppers remain, amid hopes their spending can keep the economy out of a recession.
The S&P 500 added 25.67, or 0.6 percent, to 4,489.72, though slightly more stocks fell than rose within the index. The Dow Jones Industrial Average edged up by 26.23 points, or 0.1 percent, to 35,307.63 in a quiet day of trading. The Nasdaq composite gained 143.48, or 1.1 percent, to 13,788.33.
