Stocks closed higher on Wall Street ahead of the Christmas holiday, led by gains in Big Tech stocks. The S&P 500 added 1.1% Tuesday. Trading closed early ahead of the holiday. Tech companies including Apple, Amazon and chip company Broadcom helped pull the market higher. The Dow Jones Industrial Average rose 0.9%, and the Nasdaq composite climbed 1.3%. American Airlines shook off an early loss and ended mostly higher after the airline briefly grounded flights nationwide due to a technical issue. Treasury yields held steady in the bond market.
On Tuesday:
The S&P 500 rose 65.97 points, or 1.1%, to 6,040.04.
The Dow Jones Industrial Average rose 390.08 points, or 0.9%, to 43,297.03.
The Nasdaq composite rose 266.24 points, or 1.3%, to 20,031.13.
The Russell 2000 index of smaller companies rose 22.42 points, or 1%, to 2,259.85
For the week:
The S&P 500 is up 109.19 points, or 1.8%.
The Dow is up 456.77 points, or 1.1%.
The Nasdaq is up 458.53 points, or 2.3%.
The Russell 2000 is up 17.48 points, or 0.8%.
For the year:
The S&P 500 is up 1,270.21 points, or 26.3%.
The Dow is up 5,607.49 points, or 14.9%.
The Nasdaq is up 5,019.77 points, or 33.4%.
The Russell 2000 is up 232.78 points, or 11.5%.
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