MARKETS: U.S. stocks moved broadly higher on a holiday-shortened day as investors put the market on track for its third straight record high close of the week.
U.S. stocks moved broadly higher on a holiday-shortened day as investors put the market on track for its third straight record high close of the week.
Communications and internet companies were also among the biggest gainers, with strong pushes from Google's parent company Alphabet and Netflix.The market will close early Wednesday and remain closed Thursday, making for a short week. Investors will be on the lookout for the government's closely watched monthly jobs report scheduled for Friday.
The new records are adding to a year-long rally. The S&P 500 is up more than 19% so far, while the Dow is up 15%. The technology-heavy Nasdaq is now up 22% for the year.
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