Wall Street got 2022 off to a solid start with more record highs for the S&P 500 and the Dow Jones Industrial Average.
Every major index made gains. Apple rose and closed just below a market capitalization of $3 trillion, after briefly trading slightly above that level. Technology companies and banks were among the biggest winners.
The S&P 500 rose 30.38 points, or 0.6%, to 4,796.56.
The Dow Jones Industrial Average rose 246.76 points, or 0.7%, to 36,585.06.
The Nasdaq rose 187.83 points, or 1.2%, to 15,832.80.
The Russell 2000 index of smaller companies rose 27.24 points, or 1.2%, to 2,272.56.