Stocks closed higher on Wall Street ahead of the Christmas holiday, led by gains in Big Tech stocks.
The S&P 500 added 1.1 percent Tuesday. Trading closed early ahead of the holiday. Tech companies including Apple, Amazon and chip company Broadcom helped pull the market higher. The Dow Jones Industrial Average rose 0.9 percent, and the Nasdaq composite climbed 1.3 percent.
American Airlines shook off an early loss and ended mostly higher after the airline briefly grounded flights nationwide due to a technical issue. Treasury yields held steady in the bond market.
On Tuesday:
The S&P 500 rose 65.97 points, or 1.1 percent, to 6,040.04.
The Dow Jones Industrial Average rose 390.08 points, or 0.9 percent, to 43,297.03.
The Nasdaq composite rose 266.24 points, or 1.3 percent, to 20,031.13.
The Russell 2000 index of smaller companies rose 22.42 points, or 1 percent, to 2,259.85.
For the week:
The S&P 500 is up 109.19 points, or 1.8 percent.
The Dow is up 456.77 points, or 1.1 percent.
The Nasdaq is up 458.53 points, or 2.3 percent.
The Russell 2000 is up 17.48 points, or 0.8 percent.
For the year:
The S&P 500 is up 1,270.21 points, or 26.3 percent.
The Dow is up 5,607.49 points, or 14.9 percent.
The Nasdaq is up 5,019.77 points, or 33.4 percent.
The Russell 2000 is up 232.78 points, or 11.5 percent.
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