Wall Street ticks to records

Wall Street hit record highs Monday, with the S&P 500, Dow, and Nasdaq all rising despite lingering concerns about political pressure on the Federal Reserve.

Walmart and Alphabet helped lift the market, while credit card companies fell sharply following Trump’s call to cap interest rates.

Retailers including Abercrombie & Fitch, Urban Outfitters, and American Eagle also saw declines after disappointing profit forecasts, the AP has reported.

Gold reached a record high as investors sought safe-haven assets, while global markets showed mixed results with gains in Hong Kong and Shanghai.