Stocks Rise on Wall Street, Holding Near Their Record Highs

Stocks Rise on Wall Street, Holding Near Their Record Highs
The Fearless Girl statue faces the New York Stock Exchange in New York on July 20, 2021. Richard Drew/AP Photo
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Stocks rose on Wall Street Monday and remained near record highs set last week after investors welcomed an update from the Federal Reserve.

The central bank signaled that it will maintain low interest rates as the economy continues recovering from the pandemic. Markets have been choppy as investors tried to gauge how much and how quickly the Fed will ease its support.