Credit: Shutterstock photoU.S. STOCK MARKETS
Stocks drifted higher in light trading volume on a bond-trading holiday. The Dow Jones Industrial Average gained 28 points, or 0.2%, to 12844 in afternoon trading. Its rise of 61 points from the session's low of 12783 follows the worst weekly performance for the blue-chip benchmark in more than five months, and the Dow's third-straight weekly decline.
The Standard & Poor's 500-stock index rose three points, or 0.2%, to 1383, and the Nasdaq Composite Index rose six points, or 0.2%, to 2911. Telecommunications stocks led Monday's rise, followed by a climb in health-care stocks.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
