Nasdaq composite ticks higher to a record after a quiet day on Wall Street

Most U.S. stock indexes edged higher after a quiet day of mixed trading Monday following their latest winning week. The Standard & Poor's 500 rose 4.86 points, or 0.1%, to 5,308.13 to pull within 0.02 of its record set last week. The Nasdaq composite gained 108.91 points, or 0.7%, to 16,794.87 to set its own all-time high. The Dow Jones industrial average was the laggard. It slipped 196.82 points, or 0.5%, to 39,806.

Several retailers are also on the schedule, including Lowe’s on Tuesday, Target on Wednesday and Ross Stores on Thursday. They could offer more details on how well spending by U.S. households is holding up. Pressure has been rising on them amid still-high inflation, even if it’s not as bad as before, and cracks seem to be most visible among the lowest-income customers. Target sank 2.

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