NEW YORK (AP) — The U.S. stock market is ticking higher in mixed trading, led once again by big tech companies. The S&P 500 added 0.4% Monday and was nearing its all-time high set last week, even though the majority of stocks within the index were falling. The Dow Jones Industrial Average dipped 34 points, and the Nasdaq composite rose 0.9%. Nvidia was the strongest force lifting the market, much as it has been throughout 2025. Another AI winner, Palantir Technologies, also rose ahead of its earnings report. Kimberly-Clark fell after announcing a deal to buy rival Kenvue. Treasury yields were holding relatively steady.

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

See Full Page