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Stock indexes drifted to a mixed finish on Wall Street as some
heavyweight technology and communications sector stocks offset
gains elsewhere in the market. The S&P 500 slipped less than
0.1% Thursday, its first loss after three straight gains. The
Dow Jones Industrial Average added 0.1%, and the Nasdaq
composite fell 0.1%. Gains by retailers and health care stocks
helped temper the losses. Trading volume was lighter than usual
as U.S. markets reopened following the Christmas holiday. The
Labor Department reported that U.S. applications for
unemployment benefits held steady last week, though continuing
claims rose to the highest level in three years. Treasury yields
fell in the bond market.
On Thursday:
The S&P 500 fell 2.45 points, or 0.04%, to 6,037.59.
The Dow Jones Industrial Average rose 28.77 points, or 0.1%, to
43,325.80.
The Nasdaq composite fell 10.77 points, or 1%, to 19,764.89.
The Russell 2000 index of smaller companies rose 20.34 points,
or 0.9%, to 2,280.19.
For the week:
The S&P 500 is up 106.74 points, or 1.80%.
The Dow is up 485.54 points, or 1.1%.
The Nasdaq is up 447.76 points, or 2.3%.
The Russell 2000 is up 37.82 points, or 1.7%.
For the year:
The S&P 500 is up 1,267.76 points, or 26.6%.
The Dow is up 5,636.26, or 15%.
The Nasdaq is up 5,009.01 points, or 33.4%.
The Russell 2000 is up 253.12 points, or 12.5%.
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