Wall Street’s main indexes inched higher in choppy trading on Monday as investors focused on comments from Federal Reserve policymakers and factory activity data, following the central bank’s decision to commence monetary policy easing.
In recent trading, the Dow Jones Industrial Average rose 16 points to 42,079. The blue chip index closed Friday at a record of 42,063.36.
The S&P 500 gained 0.3,% and the Nasdaq climbed 0.4%. Having rallied for much of the year, the S&P 500 is a whisker away from an all-time high and the blue-chip Dow hit another intraday record high of 42,190.05.
The Fed’s pivotal move on monetary policy in the previous week propped up the main indexes for monthly gains, bucking a historical trend where September has been a weak month for equities on…
