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.