Dow, S&P 500 stand less than 1% from record closing highs

U.S. stock futures were relatively flat Monday after the Dow Jones Industrial Average, S&P 500 and Nasdaq rallied on Friday. The government’s May employment report, while short of lofty expectations, was still solid and it boosted confidence in the economic comeback. All three major benchmarks were higher in the first trading week of June. The S&P 500 and the Dow finished less than 1% away for their May record closes. The Nasdaq saw the biggest Friday increase, with a nearly 1.5% advance. However, the tech-heavy index was still 2.3% shy of its late-April record close.

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