Indexes Hit 2009 Highs; Dow Closes Up 54

Jobless numbers, metals sector spark wide rally
By M. Morris,  Newser Staff
Posted Dec 24, 2009 12:20 PM CST
A street street sign is shown in front of the American flag hanging on the New York Stock Exchange in New York.   (AP Photo/Mary Altaffer, file)

(Newser) – The major stock exchanges hit highs for the year today as traders reacted positively to news that new jobless claims grew less than projected. Health care was the only sector showing broad losses, a reaction to the Senate's passage of the health care bill, the Wall Street Journal reports.

  • The Dow climbed 53.66 points to end the abbreviated session at 10,520.10.
  • The Nasdaq picked up 16.05, closing at 2,285.6.
  • The S&P 500 gained 5.89 to wrap up at 1,126.48.

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