U.S. Stocks Close Near Record Highs Again

U.S. stocks pulled back from Friday’s records to close narrowly mixed on Monday ahead of Fed Chair Janet Yellen’s remarks over the next two days.

“You had a nice run up last week,” said Quincy Krosby, market strategist at Prudential Financial. “It’s not unusual for the market to consolidate a little and you have (a big Fed speaker tomorrow).”

The Nasdaq closed in the green as Apple closed at $133 a share, another all-time high. The iPhone maker said Monday it will spend $1.9 billion to build two new European data centers, one in Ireland, the other in Denmark.


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