How Major US Stock Indexes Fared Dec. 26

How Major US Stock Indexes Fared Dec. 26
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The Associated Press
Updated:
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Stocks closed higher on Wall Street at the start of a holiday-shortened week. Tech and industrial companies climbed, and energy companies rose along with oil prices.

The S&P 500 and the Dow each rose 0.4 percent, and the Nasdaq climbed 0.5 percent. The yield on the 10-year Treasury held steady at 3.90 percent.

Biotech company RayzeBio doubled after agreeing to be acquired by pharmaceutical giant Bristol-Myers Squibb.

Wall Street closed its eighth straight winning week with a quiet finish on Friday following reports showing inflation is on the decline even as the economy appears stronger than expected.

On Tuesday:

The S&P 500 rose 20.12 points, or 0.4 percent, to 4,774.75.

The Dow Jones Industrial Average rose 159.36 points, or 0.4 percent, to 37,545.33.

The Nasdaq composite rose 81.60 points, or 0.5 percent, to 15,074.57.

The Russell 2000 index of smaller companies rose 25.23 points, or 1.2 percent, to 2,059.19.

For the year:

The S&P 500 is up 935.25 points, or 24.4 percent.

The Dow is up 4,398.08 points, or 13.3 percent.

The Nasdaq is up 4,608.09 points, or 44 percent.

The Russell 2000 is up 297.95 points, or 16.9 percent.

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