Stocks Climb; Dow Nears Another Record

Stocks Climb; Dow Nears Another Record

Posted in the Minneapolis Forum

Christmas Hope

Saint Louis, MO

#1 Dec 25, 2013
NEW YORK—U.S. stocks rose after strong economic data, with the Dow Jones Industrial Average on pace to notch the most record closes in a year since 1995.

Prices of Treasury bonds fell after the stronger-than-expected data, with the benchmark 10-year note hitting 2.982%, the highest level in more than three months. Bond yields rise as prices fall.

The Dow extended gains, increasing 49 points, or 0.3%, to 16344. If the Dow ends the day higher, it will mark the 49th record finish of the year, the most since 1995 when the blue chips saw 69 record closes.

The S&P 500 rose five points, or 0.5%, to 1833, with materials and telecommunications stocks leading gains in nine of 10 sector groups. The Nasdaq Composite Index added five points, or 0.1%, to 4154.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Minneapolis Discussions

Title Updated Last By Comments
Drop one word....add one word game (Apr '14) 10 hr Intrepid Surfer 325
Did you hear the one about ... 14 hr FOVR 13
Clinton 14 hr FOVR 1
O'Malley: U.S. should accept 65,000 Syrian refu... 14 hr LIbErals 5
Can't manage the gov & NOT honest or trustworthy (Nov '13) 16 hr LIbErals 377
Judge orders Kentucky clerk jailed 22 hr FOVR 16
News In latest Taser suit against MPD, a pregnant pl... 22 hr cowboy chris 1
More from around the web

Personal Finance

Minneapolis Mortgages