NEW YORK (AP) — U.S. stocks are kicking off December by drifting around their record heights. The S&P 500 was up 0.2% in early trading Monday after closing its best month of the year at an all-time high. The Dow Jones Industrial Average was up 55 points and the Nasdaq composite was up 0.6%. Intel rose after saying CEO Pat Gelsinger has retired. Stellantis skidded following the announcement of its CEO’s departure. The U.S.-traded stock of the world’s fourth-largest automaker fell. Retailers were mixed coming off Black Friday and heading into what’s expected to be the best Cyber Monday on record.
THIS IS A BREAKING NEWS UPDATE. AP’s earlier
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