published on January 26, 2018 - 1:52 PM
Written by Associated Press

Stocks are surging further into record territory on Wall Street, driven by more gains in technology and health care companies.

Chipmaker Intel jumped 10.6 percent Friday after turning in strong quarterly results. AbbVie, a drugmaker, soared 13.8 percent after releasing a strong report of its own.

Health care stocks had their biggest daily gain since the day after the presidential election.

Wynn Resorts plunged after The Wall Street Journal reported allegations of sexual assault and harassment by CEO Steve Wynn.

The Standard & Poor’s 500 index rose 33 points, or 1.2 percent, to 2,872.

The Dow Jones industrial average added 222 points, or 0.8 percent, to 26,616. The Nasdaq gained 94 points, or 1.3 percent, to 7,505.

Bond prices fell. The yield on the 10-year Treasury rose to 2.66 percent.

e-Newsletter Signup

Our weekly poll

Is your company participating in the federal payroll tax deferral program?

Loading ... Loading ...

Central Valley Biz Blogs



Article views


Sign up icon

To continue website access to

please create a FREE account OR login here.


Article views


For only $59 for one 1-year you will receive the Print edition along with EVERYTHING The Business Journal has to offer digitally, PLUS you will have unlimited 24- hour a day access to view articles at

Use Promo Code

*New Subscribers Only

Digital and Print

XX Days Remaining

until you can view 5 more free articles

Sign up icon

Want access? Subscribe now & save $20 OFF.

Use Promo Code