Stocks extended their push into record heights on Wall Street, led by big gains in chipmakers.
The S&P 500 rose 0.3 percent Thursday to set an all-time high for a third straight day. The Dow Jones Industrial Average climbed 0.7 percent, and the Nasdaq composite added 0.2 percent.
Both also added to their records set a day before. Micron led chipmakers after reporting blowout results for its latest quarter that easily surpassed analysts’ expectations. Reddit shares soared in their first day of trading. They helped offset a drop for Apple, which got hit with an antitrust suit from the U.S. Department of Justice.
On Thursday:
The S&P 500 rose 16.91 points, or 0.3 percent, to 5,241.53.
The Dow Jones Industrial Average rose 269.24 points, or 0.7 percent, to 39,781.37.
The Nasdaq composite rose 32.43 points, or 0.2 percent, to 16,401.84.
The Russell 2000 index of smaller companies rose 23.68 points, or 1.1 percent, to 2,098.56.
For the week:
The S&P 500 is up 124.44 points, or 2.4 percent.
The Dow is up 1,066.60 points, or 2.8 percent.
The Nasdaq is up 428.66 points, or 2.7 percent.
The Russell 2000 is up 59.24 points, or 2.9 percent.
For the year:
The S&P 500 is up 471.70 points, or 9.9 percent.
The Dow is up 2,091.83 points, or 5.6 percent.
The Nasdaq is up 1,390.48 points, or 9.3 percent.
The Russell 2000 is up 71.49 points, or 3.5 percent.
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