S&P 500, Nasdaq trade near session highs in final hour of trading

U.S. stocks remained higher in the final hour of trading on Monday, with the S&P 500 and Nasdaq Composite indexes trading near New York session highs. The S&P 500 and Nasdaq Composite were up by 1% and 0.8%, respectively. Meanwhile, Dow industrials were up by 387 points, or 1.2%. Analysts said that investors were positioning for the possibility that Tuesday’s consumer-price index report for November comes in lower than forecast, or that the Federal Reserve may deliver a dovish message on Wednesday.

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