NEW YORK (AP) — U.S. stocks are hanging at the edge of their record heights as Wall Street waits to hear from the Federal Reserve later this week on what it will do with interest rates. The S&P 500 was little changed in early trading Monday. Warner Bros. Discovery rallied after Paramount took its offer to buy the entertainment giant directly to shareholders. Confluent soared to help lead the market after IBM said it would buy the company, which helps customers connect and process their data. IBM said the $11 billion deal will help customers deploy artificial-intelligence tools better and faster.

THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.

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