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Stock market today: Wall Street perks higher to close out its latest winning month

Wall Street is closing out its latest winning month with another lift, the fifth straight month of gains. The S&P 500 rose 0.1% Monday to cap its fifth straight month of gains. It’s at a 16-month high after rallying on hopes cooling inflation will mean the economy can avoid a long-predicted recession. The Dow Jones Industrial Average gained 100 points, or 0.3%, and the Nasdaq composite finished 0.2% higher.
United States Jerome Powell Rob Arnott At Research Affiliates Federal Reserve Wall Street Dow Jones Industrial Average

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