Stocks set new records in abbreviated post-Thanksgiving trading

FILE - This Monday, Aug. 24, 2015, file photo, shows the New York Stock Exchange. U.S. stocks are opening broadly higher Tuesday, Dec. 29, 2015, as the market erases the losses it suffered over the previous two days. The early gains Tuesday were led by energy companies as oil prices rose. The market is the highest it's been in two weeks. (AP Photo/Seth Wenig, File)

NEW YORK (AP) – Stocks have closed higher on Wall Street, continuing a record-setting run for major U.S. indexes.

The Dow Jones industrial average and other major market benchmarks set new record highs in relatively quiet trading on the day after Thanksgiving. Trading ended at 1 p.m. Eastern time.

Safe-play stocks like utilities and phone companies posted solid gains. Energy companies fell along with the price of oil.

The Dow rose 68 points, or 0.4 percent, to 19,152. The Standard & Poor’s 500 index climbed 8 points, or 0.4 percent, to 2,213. The Nasdaq composite added 18 points, or 0.3 percent, to 5,398.

Bond prices fell. The yield on the 10-year Treasury note rose to 2.36 percent.

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