Stock Market Today: The S&P 500 consolidates gains above 5700

Investing.com -- U.S. stocks closed higher Monday as investors paused for breath near record levels ahead of a slew of more signals from the Federal Reserve this week.

While the move had pushed Wall Street to record highs, overall gains were limited, given that the Fed held a less dovish medium to long-term outlook.PCE price index Ahead of that, investors will be watching Monday for economic activity data on the service and manufacturing sectors, while US House Republicans have unveiled a new plan that would keep the government funded for three months and avoid a partial shutdown.

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