S&P 500, Nasdaq finish at record highs to kick off week

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Stocks posted a mixed finish Monday, with the Nasdaq Composite scoring its first record close since April 26 and the S&P 500 eking out its third consecutive record as the Dow Jones Industrial Average lost ground. The Dow DJIA, -0.25% ended with a loss of around 86 points, or 0.2%, near 34,394, according to preliminary figures. The S&P 500 SPX, +0.18% gained around 8 points, or 0.2%, to close near 4,255. The Nasdaq COMP, +0.74% rose around 130 points, or 0.9%, to finish near 14,174, surpassing its previous record of 14,138.76 set on April 26. Investors are awaiting the outcome Wednesday of a two-day Federal Reserve meeting, hoping for clues to plans around the eventual tapering of asset purchases in the face of rising inflation.

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