Dow Sees Another Record High Close

Nasdaq, S&P 500 also close higher
By Newser Editors and Wire Services
Posted Dec 5, 2016 3:11 PM CST
Dow Sees Another Record High Close
Specialists Frank Masiello, left, and Dilip Patel work on the floor of the New York Stock Exchange, Friday, Dec. 2, 2016.   (AP Photo/Richard Drew)

The Dow Jones industrial average scored another record high close, led by gains in Goldman Sachs and JPMorgan Chase, the AP reports. Banks again led the market higher Monday, as did technology and consumer-focused stocks. Small-company stocks rose sharply and continued to outpace the rest of the market, as they have for the past several weeks. Energy companies rose as the price of oil reached its highest level since July 2015. Southwestern Energy jumped 5%. The Dow gained 45 points, or 0.2%, to 19,216. The Standard & Poor's 500 index climbed 12 points, or 0.6%, to 2,204. The Nasdaq composite increased 53 points, or 1%, to 5,308. The Russell 2000 index, which tracks small and mid-sized companies, jumped 1.8%. (More Dow Jones stories.)

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