Markets End the Day Higher

Dow nears 20K
By Newser Editors and Wire Services
Posted Dec 27, 2016 3:11 PM CST
In this Thursday, Oct. 27, 2016, file photo, trader Joseph Murray works on the floor of the New York Stock Exchange.   (AP Photo/Richard Drew, File)

(Newser) – Stocks are closing slightly higher in quiet trading on Wall Street, edging the Dow Jones industrial average closer to 20,000, the AP reports. The gains were broad Tuesday, with materials and technology leading the way. Energy stocks also rose as the price of crude oil moved higher. Bond yields rose. The Nasdaq composite closed at another all-time high. Chipmaker Nvidia jumped 7%. The Dow gained 11 points, or 0.1%, to 19,945. The Standard & Poor's 500 index gained 5 points, or 0.2%, to 2,268. The Nasdaq composite climbed 24 points, or 0.5%, to 5,487. (Read more Dow Jones stories.)

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