S&P 500 notches record close with late-session leap

News Snapshot:

US stocks were mixed on Tuesday to begin a holiday-shortened week of trading, with potential policy moves by the Federal Reserve and President Donald Trump in focus. The benchmark S&P 500 (^GSPC) rose nearly 0.2%, with most of the games coming in the final 10 minutes of trading, to hit a fresh record close of 6,129.58. Meanwhile, the Dow Jones Industrial Average (^DJI) and Nasdaq Composite (^IXIC) finished barely in the green. Stocks on Wall Street were largely cautious after Monday's closure for Presidents Day as investors debate the future path of interest rates. Fed officials over the long weekend...