It was another record close for the Dow with the blue chip index rising 23 points to 18,053. Investors were hopeful that consumer spending would continue to grow as crude oil prices extended its losses. Nasdaq climbed 33 points to 4,806.
On the upside
Short covering lifted shares of Voxeljet (NYSE: VJET).
Juno Therapeutics (Nasdaq: JUNO) extended its gains.
Shares of Synacor (Nasdaq: SYNC) continued climbing.
On the downside
Retreating crude oil prices weighed down shares of Key Energy Services (NYSE: KEG).
Shares of Bebe (Nasdaq: BEBE) continued to slip.
Investors locked in profits on SandRidge Energy (NYSE: SD).
In the broad market, advancing issues outpaced decliners by a margin of 2 to 1 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 rise 6 points to 2088. Bitcoin gained $10 to $328.
Dow rises to new record close
December 26, 2014 at 17:05 PM EST