New York – U.S. stocks are hanging near the edge of their record heights on Monday as Wall Street waits to hear from the Federal Reserve later this week on what it will do with interest rates.

The S&P 500 edged down by 0.1% in morning trading but remains just 0.4% below its all-time high, which was set in October. The Dow Jones Industrial Average was down 158 points, or 0.3%, as of 10:15 a.m. Eastern time, and the Nasdaq composite was virtually unchanged.

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