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Dow Jones, S&P set new records after choppy month for stocks
Two major stock indexes set new records Monday as markets Wall Street traders place their bets in another year of economic uncertainty. The Dow Jones Industrial Average rose 138 points by the closing bell Monday, a gain of 0.4 percent that put the index above 38,000 points for the first time. The S&P 500 index rose 0.2 percent on the day to close at a new record high of 4,850.43. The Nasdaq composite closed Monday with a gain of 0.3 percent. Stocks have bounced around since the start of the 2024 as Wall Street watches whether the Federal Reserve can pull off a “soft landing” and bring inflation down without a ... (full story)