Markets Right Now: Major US indexes close at record highs

Markets Right Now: Major US indexes close at record highs

NEW YORK (AP) - Major U.S. indexes are closing at record highs on a holiday-shortened trading day.

The Dow Jones Industrial Average on Wednesday easily beat the record it marked in October.

The S&P 500, a broader index tracked by many index funds, closed at its third straight record high, and the Nasdaq also closed at a record.

Health care and technology stocks led the gains. Merck rose 1.6% and Symantec soared 13.6% following a report that Broadcom was interested in buying it.

Markets will be closed Thursday for the Independence Day holiday.

The S&P 500 rose 22 points, or 0.8%, to 2,995.

The Dow rose 179 points, or 0.7%, to 26,966. The Nasdaq rose 61 points, or 0.8%, to 8,170.

Bond prices rose. The yield on the 10-year Treasury fell to 1.95%.

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