Market Highlights

The stock market crept higher, but stopped short of records Friday, as traders refrained from making big bets ahead of the Federal Reserve’s interest-rate cut decision next week. Treasuries notched their worst week since June. The S&P 500 notched small gains and remains within a whisker of October’s all-time high. The Nasdaq 100 advanced 1% this week while the Russell 2000 gauge of smaller companies pulled back from Thursday’s closing record. Treasuries extended losses with the yield on the 10-year climbing roughly four basis points to 4.14% Stocks advanced on Monday as traders prepared to navigate a heavy slate of central bank decisions this week, including one where the Federal Reserve is widely expected to cut interest rates.