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US stocks closed slightly higher a week ago, ahead of several high-level inflation reports and the Federal Reserve’s latest interest rate meeting.

U.S. stocks closed slightly higher a week ago, amid several high-profile inflation reports and the Federal Reserve’s latest interest rate meeting. The S&P 500 rose 0.3% on Monday, beating the record it set last week. The Dow Jones Industrial Average rose 0.2% and the Nasdaq Composite gained 0.3%, also hitting an all-time high. Energy stocks rose as oil prices recouped some of their steep losses. Rival Noble’s acquisition of Diamond Offshore Drilling also helped boost the sector. European stocks fell after surprise results in the European Parliament elections.

On Monday:

The S&P 500 rose 13.80 points or 0.3% to 5,360.79.

The Dow Jones Industrial Average rose 69.05 points, or 0.2%, to 38,868.04.

The Nasdaq Composite rose 59.40 points or 0.3 percent to 17,192.53.

The Russell 2000 index of smaller companies rose 5.06 points or 0.2 percent to 2,031.61.

For the year:

The S&P 500 rose 590.96 points or 12.4%.

The Dow rose 1,178.50 points or 3.1 percent.

The Nasdaq rose 2,181.18 points or 14.5 percent.

The Russell 2000 rose 4.54 points or 0.2 percent.

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