NEW YORK (AP) — U.S. stock indexes reached new heights Monday after drifting higher in a quiet day of trading.
The S&P 500 rose 16.02 points, or 0.3%, to 5,718.57 and edged past its record set on Thursday. The Dow Jones Industrial Average added 61.29 points, or 0.1%, to its own all-time high set on Friday and closed at 42,124.65. The Nasdaq composite gained 25.95, or 0.1%, to 17,974.27.
Tesla led the way with a gain of 4.9% and clawed back all its sharp losses from earlier in the year. It was down as much as 42% at one point in April, when it was cutting prices on its cars to boost flaccid sales.
That helped offset a 10.3% tumble for Trump Media & Technology Group, which fell to its lowest price since taking its place on the Nasdaq stock market in March. The…
