Wall Street ticked higher to start a week full of updates on where interest rates and profits for the stock market’s most influential companies are heading.
The S&P 500 rose 0.4 percent Monday, coming off its eighth winning week in the last 10. The Dow added 183 points, or 0.5 percent, and the Nasdaq composite climbed 0.2 percent. Becton Dickinson led the S&P 500 after getting FDA clearance for one of its products. Treasury yields were relatively steady after a report suggested economic growth is slowing. Traders expect the Federal Reserve on Wednesday to raise interest rates for perhaps the final time this cycle.
On Monday:
The S&P 500 rose 18.30 points, or 0.4 percent, to 4,554.64.
The Dow Jones Industrial Average rose 183.55 points, or 0.5 percent, to 35,411.24.
The Nasdaq composite rose 26.06 points, or 0.2 percent, to 14,058.87.
The Russell 2000 index of smaller companies rose 5.42 points, or 0.3 percent, to 1,965.68.
For the year:
The S&P 500 is up 715.14 points, or 18.6 percent.
The Dow is up 2,263.99 points, or 6.8 percent.
The Nasdaq is up 3,592.38 points, or 34.3 percent.
The Russell 2000 is up 204.43 points, or 11.6 percent.
