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Wall Street closed higher following its first three-day losing streak since Halloween.
The S&P 500 rose 0.8% Thursday and continued to hang near its highest level since March 2022. The Dow Jones Industrial Average rose 0.2%, and the Nasdaq composite added 1.4%.
Big Tech pushed strongly upward on the market, led by a big gain for Google’s parent company, Alphabet. Treasury yields largely held steady after a report showed a slight uptick in the number of workers applying for unemployment. A potentially more impactful report on the job market will arrive Friday.
On Thursday:
The S&P 500 rose 36.25 points, or 0.8%, to 4,585.59
The Dow Jones Industrial Average rose 62.95 points, or 0.2%, to 36,117.38.
The Nasdaq composite rose 193.28 points, or 1.4%, to 14,339.99.
The Russell 2000 index of smaller companies rose 16.20 points, or 0.9% to 1,868.25.
For the week:
The S&P 500 is down 9.04 points, or 0.2%.
The Dow is down 128.12 points, or 0.4%.
The Nasdaq is up 34.96 points, or 0.2%.
The Russell 2000 is up 5.61 points, or 0.3%.
For the year:
The S&P 500 is up 746.09 points, or 19.4%.
The Dow is up 2,970.13 points, or 9%.
The Nasdaq is up 3,873.51 points, or 37%.
The Russell 2000 is up 107.01 points, or 6.1%.