The SPDR S&P 500 Semiconductor ETF was up 0.9% as tech-related shares led equities higher on Monday. The S&P 500 was up 0.2%, building on Friday's record close, while the Nasdaq Composite jumped 0.9%, on track for its first record close since Nov. 11.

Stocks closed higher on Wall Street, giving the market its fifth gain in a row and notching another record high for the Dow Jones Industrial Average.

The S&P 500 rose by 33.64 points, or 0.6%, to 6,032.38; the index gained 5.7% this month, the most since November 2023. It also tallied its 53rd record close of 2024 on Friday. Th

The Fed began cutting its main interest rate just a couple months ago from a two-decade high, hoping to keep the job market humming after bringing inflation nearly all the way dow