Stocks rise on Wall Street ahead of Christmas holiday

StocksStocks rose in afternoon trading on Wall Street Wednesday and added to the week’s gains ahead of the Christmas holiday.

The S&P 500 rose 0.6%, the Nasdaq rose 0.6% and the Dow Jones Industrial Average rose 0.5%. The Russell 2000, a measure of small-company stocks, rose 0.4%.

Technology companies and a mix of retailers led the gains.

Major indexes are still on track for weekly gains after a rally on Tuesday. Indexes were mostly higher in Europe and Asia.

The yield on the 10-year Treasury note fell to 1.46%.

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

Categories: National News