The Dow Jones Industrial Average and the S&P 500 closed at all-time highs Monday as traders evaluated remarks by Federal Reserve Chair Jerome Powell. The Dow ticked 0.04% higher to 42,330.2, while the S&P 500 rose 0.

Fed Chair Powell said the October job report, released during the Fed's "blackout" or silent period ahead of its policy meeting, could play a major role in the outcome of the Fed's policy decision. "If it's a really important employment report,