Stocks recovered from an afternoon stumble and ended with modest gains Thursday, enough to mark more record highs for the S&P 500 and the Nasdaq.
Small-company stocks far outpaced the rest of the market, a sign that investors are feeling encouraged about the prospects for the economy. The Russell 2000 rose 0.7%, more than twice the gain of the S&P 500, which tracks large companies.
Energy stocks did particularly well as the price of oil rose 2%.
On Thursday:
The S&P 500 rose 12.86 points, or 0.3%, to 4,536.95.
The Dow Jones Industrial Average rose 131.29 points, or 0.4%, to 35,443.82.
The Nasdaq rose 21.80 points, or 0.1%, to 15,331.18.
The Russell 2000 index of smaller companies rose 16.96 points, or 0.7%, to 2,304.02.
For the week:
The S&P 500 is up 27.58 points, or 0.6%.
The Dow is down 11.98 points, less than 0.1%.
The Nasdaq is up 201.68 points, or 1.3%.
The Russell 2000 is up 26.87 points, or 1.2%.
For the year:
The S&P 500 is up 780.88 points, or 20.8%.
The Dow is up 4,837.34 points, or 15.8%.
The Nasdaq is up 2,442.90 points, or 19%.
The Russell 2000 is up 329.16 points, or 16.7%.
Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
