Stocks notched more solid gains on Wall Street Thursday, driving the major indexes to record highs.
Technology companies accounted for a good portion of the rally, which came as U.S. markets reopened following the New Year’s Day holiday. Smaller-company stocks lagged the broader market’s gains. Bond yields fell.
The latest gains follow a blockbuster performance by the market in 2019.
The S&P 500 climbed 27.07 points, or 0.8%, to 3,257.85, a record.
The Dow Jones Industrial Average rose 330.36 points, or 1.2%, to 28,868.80, a record.
The Nasdaq composite gained 119.58 points, or 1.3%, to 9,092.19, a record.
The Russell 2000 index of smaller company stocks slid 1.70 points, or 0.1%, to 1,666.77.
For the week:
The S&P 500 is up 17.83 points, or 0.6%.
The Dow is up 223.54 points, or 0.8%.
The Nasdaq is up 85.57 points, or 1%.
The Russell 2000 is down 2.26 points, or 0.1%.
The Associated Press