Wall Street Rally Stretches to 4th Day

US stocks end the day higher
By Newser Editors and Wire Services
Posted Dec 16, 2019 3:16 PM CST
Wall Street Rally Stretches to 4th Day
In this Friday, Dec. 13, 2019, file photo trader Robert Charmak works on the floor of the New York Stock Exchange.   (AP Photo/Richard Drew, File)

Stocks are closing broadly higher on Wall Street Monday, pushing major indexes to more record highs, the AP reports. Surprisingly strong reports on China's economy helped drive the rally. That's layered on top of investor optimism from last week’s initial trade deal between China and the United States. Health care, technology and energy stocks led the way higher. The S&P 500 index rose 22 points, or 0.7%, to 3,191. The Dow Jones Industrial Average rose 100 points, or 0.4%, to 28,235. The Nasdaq added 79 points, or 0.9%, to 8,814. Bond prices fell. The yield on the 10-year Treasury rose to 1.88%. (More stock market stories.)

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