Market Snapshot: Dow logs 24th record of 2017 as banks rise ahead of earnings

The Dow on Thursday closed at a record for the 24th time in 2017, as gains in the financial sector helped the broader market book modest gains ahead of a roster of corporate results from the U.S.’s biggest banks.

The Dow Jones Industrial Average DJIA, +0.10% rose 20.95 points, or 0.1%, to close at 21,553.09. The S&P 500 index SPX, +0.19% gained 4.58 points, or 0.2%, to end at 2,447.83. The rise by the broad-market index was supported by a 0.6% climb by financials—the best performer among the index’s 11 sectors.

Meanwhile, the Nasdaq Composite Index COMP, +0.21% finished up 13.27 points, or 0.2%, at 6,274.44, marking the tech-heavy gauge’s fifth straight finish in the green.

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