Stocks rise on Wall Street ahead of Christmas holiday

Published December 22, 2021 11:21 AM

By DAMIAN J. TROISE and ALEX VEIGA
AP Business Writers

Stocks closed higher on Wall Street Wednesday, adding to the week’s gains ahead of the Christmas holiday. The S&P 500 rose 1%, the Nasdaq rose 1.2% and the Dow Jones Industrial Average rose 0.7%. The Russell 2000, a measure of small-company stocks, rose 0.9%. Technology companies and a mix of retailers led the gains. Major indexes are still on track for weekly gains after a rally on Tuesday. European and Asian markets also closed higher. The yield on the 10-year Treasury note fell to 1.46%. U.S. markets will be closed Friday in observance of Christmas.

Article Topic Follows: AP National Business

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