U.S. stocks edged higher Monday to begin a holiday-shortened week, as investors remained cheered by expectations that the Federal Reserve has finished raising rates.
What’s happening
U.S. stocks closed higher Friday, with the Dow, S&P 500 and Nasdaq Composite each rising for a third straight week. The S&P 500 surged 9.6% over the past three weeks, its largest three-week percentage gain since June 2020, according to Dow Jones Market Data.
What’s driving markets
The…
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