Banks and other financial companies helped lift U.S. stocks mostly higher Thursday, pushing the Dow Jones industrial average to a record high.
Broader market measures were mixed as several sectors struggled, including consumer goods companies, utilities and phone companies. Bond prices continued to fall, sending yields higher.
The Dow Jones industrial average climbed 218.19 points, or 1.2 percent, to 18,807.88.
The Standard & Poor's 500 index gained 4.22 points, or 0.2 percent, to 2,167.48.
The Nasdaq composite fell 42.28 points, or 0.8 percent, to 5,208.80.
For the week:
The Dow is up 919.60 points, or 5.1 percent.
The S&P 500 is up 82.30 points, or 4 percent.
The Nasdaq is up 162.42 points, or 3.2 percent.
For the year:
The Dow is up 1,382.85 points, or 7.9 percent.
The S&P 500 is up 123.54 points, or 6 percent.
The Nasdaq is up 201.39 points, or 4 percent.