Steady gains leave indexes higher in holiday-shortened week

Wall StreetStocks closed higher on Wall Street Thursday, leaving major indexes with solid gains in this holiday-shortened week.

The S&P 500 closed at another record high. The benchmark index rose 0.6%, the Dow Jones Industrial Average rose 0.6% and the Nasdaq rose 0.8%.

Technology companies and retailers did especially well, while safe-play sectors like real estate and utilities lagged behind.

Energy prices rose. European and Asian markets also closed higher. Bond prices fell.

The yield on the 10-year Treasury note rose to 1.49%.

U.S. markets will be closed Friday in observance of Christmas.

Categories: National News