The Dow and the S&P 500 eked out record high closes on Wednesday ahead of the Thanksgiving holiday, helped by gains in industrial stocks, though losses in technology shares limited the advance and weighed on the Nasdaq.
Volume was lighter than usual, with many market participants heading out early ahead of the U.S. Thanksgiving Day holiday on Thursday. The U.S. stock market will be closed on Thursday and will close early on Friday.
The Dow Jones industrial average .DJI rose 59.31 points, or 0.31 percent, to end at 19,083.18, while the S&P 500 .SPX gained 1.78 points, or 0.08 percent, to 2,204.72 and the Nasdaq Composite .IXIC dropped 5.67 points, or 0.11 percent, to 5,380.68.
Japanese stocks rose to a near 11-month high on Thursday on a weaker yen and after Wall Street shares closed at record highs overnight, while the dollar's bull run continued as upbeat economic data took U.S. bond yields to multi-year highs.
The dollar index was at 101.76 .DXY, not far from 101.91 touched overnight, its highest since March 2003.
MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS pulled back from a 12-day high scaled the previous day to dip 0.2 percent facing the prospect of higher U.S. interest rates diverting money from emerging markets.
Reference: Reuters
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