U.S. stocks drifted higher following big rallies for markets in Asia earlier in the day.
The S&P 500 rose 0.5 percent Monday and pulled closer to its all-time high set two weeks ago. The Dow Jones Industrial Average edged up by less than 0.1 percent, and the Nasdaq composite gained 0.9 percent.
Treasury yields held relatively steady ahead of potentially market-moving economic reports coming later in the week, including on the U.S. job market and inflation.
Bitcoin hung just below $71,000 after drifting above the level during the weekend. Gold and silver prices rose.
Japan’s Nikkei 225 soared 3.9 percent to a record.
On Monday:
The S&P 500 rose 32.52 points, or 0.5 percent, to 6,964.82.
The Dow Jones Industrial Average rose 20.20 points, or less than 0.1 percent, to 50,135.87.
The Nasdaq composite rose 207.46 points, or 0.9 percent, to 23,238.67.
The Russell 2000 index of smaller companies rose 18.71 points, or 0.7 percent, to 2,689.05.
For the year:
The S&P 500 is up 119.32 points, or 1.7 percent.
The Dow is up 2,072.58 points, or 4.3 percent.
The Nasdaq is down 3.32 points, or less than 0.1 percent.
The Russell 2000 is up 207.14 points, or 8.3 percent.
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