• Traders’ bets for March rate cut drop below 50%
  • ADM tumbles on CFO probe, profit forecast cut
  • Indexes: Dow up 0.4%, S&P 500 up 0.2%, Nasdaq up 0.3%
  • The S&P 500 posted a second straight record high close on Monday as tech stocks added to recent gains and investors awaited upcoming corporate reports for clues on this year’s profit outlook.
  • Friday’s finish confirmed that the S&P 500 has been in a bull market since it closed at its low on Oct. 12, 2022, according to one commonly used measure.