Stocks tick higher after Wall Street flirts with another record

NEW YORK (AP) — Stocks nudged higher ahead of a week with several data reports that could dictate by how much or even whether the Federal Reserve will cut interest rates at its next meeting in a week.

The S&P 500 added 0.2% and finished just below its record set last week. The Dow Jones Industrial Average rose 0.3%, and the Nasdaq composite climbed 0.5% to a record.

AppLovin and Robinhood Markets helped lead the market after learning they will join the S&P 500 index later this month.

Trading across Wall Street was relatively quiet ahead of updates coming later this week on the job market and inflation.