The Standard & Poor’s 500 Index closed at a new record high Thursday as U.S./Iran tensions decreased.

In economic news, jobless claims fell to 214,000 for the week ending Jan. 4.

In corporate news, Apple’s stock surged to a record high on data that iPhone sales in China were stronger than expected.

Ten- and 30-year U.S. government bond yields finished the day lower.

Volume on the New York Stock Exchange was high, with 910 million shares traded. Advancers outnumbered decliners.

Gold fell $8.50 to $1,551.70, and crude oil prices rose 3 cents to $59.64 a barrel.

The 30-year Treasury yield closed lower at 2.33 percent, and the 10-year Treasury yield finished lower at 1.85 percent.

(0) comments

Welcome to the discussion.

Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.