NEW YORK—Stocks ticked higher on Wall Street Monday ahead of a week with updates on where inflation and corporate profits are heading.
The S&P 500 rose 10.58, or 0.2 percent, to 4,409.53, coming off just its second losing week in the last eight. The Dow Jones Industrial Average climbed 209.52, or 0.6 percent, to 33,944.40, and the Nasdaq composite added 24.77, or 0.2 percent, to 13,685.48..
FMC, which sells herbicides, insecticides and other products to the agricultural industry, tumbled 11.1 percent for the biggest loss in the S&P 500 after it warned of a sudden drop in business around much of the world toward the end of May as partners burned through inventory levels. It said the “unforeseen and unprecedented” declines would hurt its results for the spring and full year….
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