The S&P 500 and the Dow eased on Monday, a day after the S&P 500 hit a record closing high, as investors awaited cues from the Federal Reserve's meeting this week on the central bank's outlook on inflation and the future of bond purchases.
Tesla gained 1.4% after CEO Elon Musk tweeted on Sunday that the electric carmarker will resume allowing bitcoin transactions when miners who verify transactions use more renewable energy.Advancing issues outnumbered decliners by a 1.1-to-1 ratio on the NYSE and a 1.2-to-1 ratio on the Nasdaq.
The S&P 500 posted 16 new 52-week highs and no new low, while the Nasdaq recorded 136 new highs and seven new lows.Subscribe for our daily curated newsletter to receive the latest exclusive Reuters coverage delivered to your inbox.
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