NEW YORK (AP) — The seemingly relentless rally on Wall Street drove U.S. stocks to more records. The S&P 500 rose 0.4% Monday after erasing a modest loss from the morning. The Dow Jones Industrial Average added 0.1%, and the Nasdaq composite gained 0.7%. All three indexes set an all-time high for the third straight day. Nvidia was one of the strongest forces lifting the market after announcing a partnership with OpenAI. Oracle climbed on expectations that it will receive a copy of TikTok’s algorithm as part of a deal to keep it operating in the United States. Stocks have broadly been surging since April.

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

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