U.S. stocks closed higher Thursday, led by modest gains in banks and technology companies.
The latest gains were enough to nudge the Dow Jones industrial average to its second all-time closing high in two days. Consumer-focused stocks also rose. Phone companies and utilities were among the laggards.
The Standard & Poor’s 500 index rose 4.58 points, or 0.2 percent, to 2,447.83.
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The Dow Jones industrial average gained 20.95 points, or 0.1 percent, to 21,553.09.
The Nasdaq composite added 13.27 points, or 0.2 percent, to 6,274.44.
The Russell 2000 index of smaller-company stocks picked up 1.34 points, or 0.1 percent, to 1,425.66.
For the week:
The S&P 500 is up 22.65 points, or 0.9 percent.
The Dow is up 138.75 points, or 0.7 percent.
The Nasdaq is up 121.36 points, or 2 percent.
The Russell 2000 is up 9.83 points, or 0.7 percent.
For the year:
The S&P 500 is up 209 points, or 9.3 percent.
The Dow is up 1,790.49 points, or 9.1 percent.
The Nasdaq is up 891.32 points, or 16.6 percent.
The Russell 2000 is up 68.53 points, or 5.1 percent.