S&P 500 has highest close since February
ASSOCIATED PRESS
Trader Tommy Kalikas works on the floor of the New York Stock Exchange today.
NEW YORK >> Stocks are closing mostly higher on Wall Street, giving the S&P 500 its fourth straight gain and its highest close since early February.
Makers of consumer products, technology and health care companies were the biggest winners among large-company stocks today.
Pepsi jumped 4.8 percent after delivering strong second-quarter results. Chipmaker Nvidia rose 1.6 percent and Johnson & Johnson rose 1.1 percent.
Small-company stocks missed out on the gains and closed mostly lower. Those stocks have been beating the market so far this year.
The S&P 500 rose 9 points, or 0.3 percent, to 2,793.
The Dow Jones Industrial Average rose 143 points, or 0.6 percent, to 24,919. The Nasdaq composite inched up 3 points to 7,759.
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The yield on the 10-year Treasury held steady at 2.86 percent.
