S&P and Dow Break Records Yet Again

Stocks were modestly higher, but enough to break new ground
By Newser Editors and Wire Services
Posted Dec 11, 2017 4:05 PM CST
S&P and Dow Break Records Yet Again
Traders gather at a post on the floor of the New York Stock Exchange   (AP Photo/Richard Drew)

Stocks ended modestly higher on Wall Street, enough to mark more record highs for two major indexes. Technology stocks drove the gains Monday. Apple gained 1.9% and chipmaker Advanced Micro Devices rose 2.2%. Energy and health care stocks also rose, making up for losses in banks and industrial companies. Crude oil prices rose Monday, and traders were watching bitcoin futures on their first day of trading. The Standard & Poor's 500 index rose 8 points, or 0.3%, to 2,659. The Dow Jones industrial average added 56 points, or 0.2%, to 24,386. The S&P 500 and the Dow both closed at all-time highs. The Nasdaq added 35 points, or 0.5%, to 6,875. Bond prices fell. The yield on the 10-year Treasury rose to 2.39%. (More stock market stories.)

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