U.S. stocks edged higher
on Monday, with the S&P 500 closing at a record high, as traders awaited
more clues from the Federal Reserve on whether the U.S. central bank would soon
begin winding down its economic stimulus.
Volume was light and a volatility index fell,
signaling calm among traders. The Dow industrials traded within 43.11 points from
session high to intraday low, in the Dow's tightest daily range since Aug. 17,
2012.
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