NEW YORK (AP) — U.S. stocks are drifting toward more records on Monday following Wall Street's seemingly relentless rally .
The S&P 500 rose 0.4% after erasing what had been a modest loss earlier in the morning. The Dow Jones Industrial Average was up 96 points, or 0.2%, as of 1:30 p.m. Eastern time, and the Nasdaq composite was 0.6% higher. All three are on track to top their latest all-time highs, which were set on Friday.