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Stocks hovered near session highs on Monday afternoon as the S&P 500 (^GSPC) was on track to notch its longest winning streak of year.
All eleven sectors of the broader index were in green territory as investors await the Jackson Hole Economic Symposium where Fed Chair Jerome Powell is expected to speak on Friday.
The S&P 500 rose more than 0.5%, on track to extend its daily wins to eight, its longest winning streak since November of last year, according to data compiled by Bespoke Investment Group.
The tech-heavy Nasdaq Composite (^IXIC) also added more than 0.5%, on pace for its 8th consecutive session gain.
Meanwhile the Dow Jones Industrial Average (^DJI) rose more than 200 points.
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