Steady gains leave indexes higher in holiday-shortened week

Published December 23, 2021 3:10 PM

By DAMIAN J. TROISE and ALEX VEIGA
AP Business Writers

Stocks 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.

Article Topic Follows: AP National Business

Jump to comments ↓

Associated Press

BE PART OF THE CONVERSATION

ABC 17 News is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.