How major US stock indexes fared Monday, 7/15/2024

U.S. stocks ticked to the edge of records as Wall Street’s momentum keeps pushing it upward. The S&P 500 climbed 0.3% Monday but finished just shy of its all-time high set last week. The Dow Jones Industrial Average rose 0.5% to its own record, while the Nasdaq composite added 0.4% to end a bit short of its high. Some of the market’s best performing areas were ones that do best when former President Donald Trump’s chances for re-election look better. Trump Media & Technology Group, the company behind Trump’s Truth Social platform, soared by nearly a third. Bitcoin and longer-term Treasury yields also rose.