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AP National Business

Stocks slightly higher as traders return from holiday

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KMIZ

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Published 10:05 AM

By ALEX VEIGA
AP Business Writer

Stocks are were higher in muted trading on Wall Street Monday as traders return from the Christmas holiday. The S&P 500 was up 1.1% in afternoon trading, led by more gains in big technology companies like Apple and Nvidia. The benchmark index is coming off its latest record high. European markets were also mostly higher, but London’s market was closed for a holiday. In Asia, Hong Kong’s market was also closed and Japan’s market ended slightly lower. Crude oil prices rose more than 2% and the yield on the 10-year Treasury note edged down to 1.48%. 

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