How the Dow Jones industrial average did Thursday

AP News
Posted: Dec 26, 2013 4:49 PM

The stock market continued its upward climb Thursday, adding to what has already been a historic year. Traders were encouraged by an unexpectedly large drop in claims for unemployment benefits last week. Trading volume was very low, however, as most portfolio managers have closed out their positions for the year.

The Dow Jones industrial average rose 122.33 points, or 0.8 percent, to 16,479.88.

The Standard & Poor's 500 index rose 8.70 points, or 0.5 percent, to 1,842.02.

The Nasdaq composite added 11.76 points, or 0.3 percent, to 4,167.18.

For the week so far:

The Dow is up 258.74 points, or 1.6 percent.

The S&P 500 is up 23.70 points, or 1.3 percent.

The Nasdaq is up 62.44 points, or 1.5 percent.

For the year so far:

The Dow is up 3,375.74 points, or 25.7 percent.

The S&P 500 is up 415.83 points, or 29.2 percent.

The Nasdaq is up 1,147.67 points, or 38.0 percent.