NEW YORK—Stocks edged higher in a shortened trading day Monday as momentum slowed on Wall Street following its powerful rally through the first half of the year.
The S&P 500 rose 5.21 points, or 0.1 percent, to 4,455.59 and reached its highest level since April 2022. The Dow Jones Industrial Average gained 10.87, or less than 0.1 percent, to 34,418.47, and the Nasdaq composite added 28.85, or 0.2 percent, to 13,816.77.