New York – S&P 500 Hits Record As Tech Rallies, But Energy Weighs

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    Traders Dan Ryan, left, and Mark Muller work on the floor of the New York Stock Exchange, Wednesday, Nov. 26, 2014. Stock indexes are holding near record levels as traders digest some mixed news on the U.S. economy. (AP Photo/Richard Drew)New York – U.S. stocks rose on Wednesday boosted by tech shares, with the S&P 500 and Dow industrials closing at records, while the energy sector was once more the largest weight on the market as crude prices continued to flirt with multi-year lows.

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    The Dow Jones industrial average rose 12.75 points, or 0.07 percent, to 17,827.69, the S&P 500 gained 5.76 points, or 0.28 percent, to 2,072.79 and the Nasdaq Composite added 29.07 points, or 0.61 percent, to 4,787.32.

    Volume was relatively light ahead of the Thanksgiving holiday. The U.S. stock market will be closed on Thursday, while Friday will be a half-day session.


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