Stocks drifted higher Monday as momentum slowed on Wall Street following a powerful rally to start the year.
The S&P 500 edged up 0.1%, rising to its highest level since April 2022. The Dow rose less than 0.1%. The Nasdaq composite rose 0.2%.
Tesla rose after it said the number of vehicles it delivered during the spring surged from a year earlier. Much of the rest of the market was quieter. The U.S. stock market closed at 1:00 p.m. Eastern time and will remain shut Tuesday in observance of Independence Day.
On Monday:
The S&P 500 rose 5.21 points, or 0.1%, to 4,455.59.
The Dow Jones Industrial Average rose 10.87 points, or less than 0.1%, to 34,418.47.
The Nasdaq composite rose 28.85 points, or 0.2%, to 13,816.77.
The Russell 2000 index of smaller companies rose 8.05 points, or 0.4%, to 1,896.78.
For the year:
The S&P 500 is up 616.09 points, or 16%.
The Dow is up 1,271.22 points, or 3.8%.
The Nasdaq is up 3,350.29 points, or 32%.
The Russell 2000 is up 135.53 points, or 7.7%.
Sourse: abcnews.go.com
