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US stocks drift near their record heights as PayPal rallies and Royal Caribbean falls

NEW YORK (AP) — The U. S. stock market is drifting near its record heights on Tuesday. The S&P 500 added 0. 1% in midday trading. The Dow Jones Industrial Average was up 227 points, or 0. 5%, as of 11 a. m. Eastern time, and the Nasdaq composite was 0. 3% higher. All three indexes are coming off their latest all-time highs. Moves were also modest in the bond market as Wall Street waits for a few events that could shake things up. On Wednesday, the Federal Reserve will announce its latest on...

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