NEW YORK (AP) — The latest on developments in financial markets (All times local):

9:35 a.m.

U.S. stocks are starting the week with modest gains as major indexes build on a six-week winning streak that has brought them to record highs.

Technology companies made some of the biggest moves Monday. Electronic storage company Seagate Technology soared 15.7 percent after its first-quarter results were better than analysts expected.

Communications software maker BroadSoft added 1.6 percent after Cisco Systems agreed to buy it for $55 a share, or $1.9 billion.

Industrial companies and banks took small losses.

The Standard & Poor’s 500 index added 2 points, or 0.1 percent, to 2,577.

The Dow Jones industrial average picked up 16 points, or 0.1 percent, to 23,345. The Nasdaq composite advanced 8 points, or 0.1 percent, to 6,637.