Dow, S&P 500 close at record high amid data, earnings

Dow, S&P 500 close at record high amid data, earnings

Gains for big technology and health care companies drove the market higher.

The tiny gains Thursday were enough to mark another all-time closing high for the Dow Jones industrial average.

Online payment company Paypal was among the winners, rising more than 3%, after it announced customers would be able to use PayPal on Apple products. It measures the daily stock price movements of 30 large, publicly-owned US companies.

The S&P climbed 0.6 percent to close at 2,459.27, setting intraday and closing records.




The Nasdaq composite rose 13 points, or 0.2 percent, to 6,274.

The Dow is up 1,875.14 points, or 9.5 percent. Target added it expects second-quarter earnings to come in above the high end of the forecast.

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

Trader Peter Tuchman wears a "Dow 21,000" hat as he works on the floor of the New York Stock Exchange, Wednesday, March 1, 2017. Small caps posted a weak session, with Russell 2000 futures ending only slightly below the break-even line.

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