The S&P 500 and the Dow Jones Industrial Average ended 2020 at more record highs Thursday, closing out one of the most tumultuous years in recent memory.
The latest gains added to the stunning rebound for stocks in 2020 after markets took a nosedive in the spring as the coronavirus pandemic took hold. All told, the S&P 500 ended the year up 16%, or roughly 18% including dividends, while the Dow gained 7.2%.
U.S. markets will be closed for New Years Day on Friday.
The S&P 500 index rose 24.03 points, or 0.6%, to 3,756.07.
The Dow Jones Industrial Average gained 196.92 points, or 0.7%, to 30,606.48.
The Nasdaq composite picked up 18.28 points, or 0.1%, to 12,888.28.
The Russell 2000 index of smaller companies fell 5.14 points, or 0.3%, to 1,974.86.
For the week:
The S&P 500 rose 53.01 points, or 1.4%.
The Dow is gained 406.61 points, or 1.4%.
The Nasdaq added 83.55 points, or 0.7%.
The Russell 2000 fell 29.09 points, or 1.5%.
For the year:
The S&P 500 rose 525.29 points, or 16.3%
The Dow gained 2,068.04 points, or 7.2%.
The Nasdaq climbed 3,915.68 points, 43.6%.
The Russell 2000 picked up 306.39 points, or 18.4%.