US stocks close modestly higher; S&P 500, Dow hit new highs

By ALEX VEIGA

AP Business Writer

Technology companies led U.S. stocks modestly higher Monday, driving the market to another set of milestones.

The Standard & Poor’s 500 index and Dow Jones industrial average finished at new highs. Both indexes also hit record highs on Friday.

Solid gains by health care companies also helped lift the market, outweighing losses among banks and industrial stocks. Ene...