How Major US Stock Indexes Fared Jan. 3

Wall Street rallied out of its holiday-season funk.
The S&P 500 climbed 1.3 percent Friday, its best day in nearly two months and its first gain since Christmas. The Dow Jones Industrial Average rose 0.8 percent, and the Nasdaq composite gained 1.8 percent.
Big Tech stocks led the way, and Nvidia and Tesla in particular helped pull the market higher. They offset drops for beer, wine and liquor companies after the U.S. Surgeon General warned of cancer risks related to alcohol. Treasury yields ticked higher in the bond market following a better-than-feared report on U.S. manufacturing.
On Friday:
The S&P 500 rose 73.92 points, or 1.3 percent, to 5,942.47….



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