NEW YORK (AP) — U.S. stocks are hanging near their records Monday following a wild start to the week for financial markets in Asia, where Japanese stocks tumbled and Chinese indexes soared.

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Just as Wall Street traders come to grips with the Federal Reserve’s interest-rate cut, Friday’s US options expiration threatens to whipsaw the market some more.

U.S. stocks closed another record-setting week with a muted performance Friday, as hope built on Wall Street that the U.S. economy can manage the rare feat of suppressing high inflation without causing a recession.

U.S. stocks are drifting around their records as financial markets around the world take a pause following big recent moves

U.S. stocks are hanging near their records today following a wild start to the week for financial markets in Asia, where Japanese stocks tumbled and Chinese indexes

U.S. stock indexes are drifting around their records Friday as hopes hold that the economy can pull off the rare feat of getting painfully high inflation under control without a recession. The S&P 500 fell 0.

U.S. stocks rose to another record Thursday as financial markets around the world rallied again. The Standard & Poor's 500 added 0.4% to set an all-time high for the third time this week and the 42nd time this year.