Stocks rose slightly on Monday, led by gains in tech, as investors looked ahead to a crucial Federal Reserve meeting this week.

The Dow Jones Industrial Average rose 22.92 points to 26,112.53 while the S&P 500 closed 0.1% higher at 2,889.67. The Nasdaq Composite outperformed, rising 0.6% to 7,845.02 as tech shares gained.

Facebook and Netflix climbed 4.2% and 3.2%, respectively, while Amazon advanced 0.9%. Alphabet climbed 0.7% while Apple advanced 0.6%.

The Fed is scheduled to start a two-day monetary policy meeting on Tuesday. Expectations for any policy changes are low, but investors will look for clues about potential rate cuts in July and later in 2019.

"This week is all about the Fed," said Michael Reynolds, investment strategy officer at Glenmede. Before these types of meetings, "where we're going to get information like the dot plot and a revised statement that could be very consequential, the market tends to be in a holding pattern until we get that data. That's what we're expecting this week."

"The market is going to be looking for evidence that the Fed will open the door to possibly cut rates within the next three months."

Investors are betting on the Fed cutting rates in July and September as well as December, according to the CME Group's FedWatch tool. The market has been clamoring for lower rates amid indications of potentially slower economic growth. In theory, lower rates would boost economic growth.