Stock Market Live Updates: Fresh record highs - Yahoo Finance

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9:30 a.m. ET: Stocks hit record highs

All three indices hit fresh record highs Friday as the Santa Claus rally continued.

Here were the main market moves, as of market open:

• S&P 500 (^GSPC): 3,246.92, up 16.53 points or 0.22%

• Dow (^DJI): 28,673.35, up 51.96 points or 0.18%

• Nasdaq (^IXIC): 9,049.99, up 26.80 or 0.29%

• Crude oil (CL=F): $61.77 per barrel, up $0.09 or 0.15%

• Gold (GC=F): $1,515.90 per ounce, up $1.50 or 0.10%

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8 a.m. ET: Futures point higher

U.S. stock futures indicted a higher open across the major indices Friday, as stocks continue their strong run headed into year-end. The S&P 500, Dow and Nasdaq closed at record highs Thursday.

Here were the main pre-market moves, as of 8 a.m. ET:

• S&P futures (ES=F): 3,252.25, up 7.75 points or 0.24%

• Dow futures (YM=F): 28,708, up 89.00 points or 0.31%

• Nasdaq futures (NQ=F): 8,836.50, up 32.25 points or 0.37%

• Crude oil (CL=F): $61.78 per barrel, up $0.10 or 0.16%

• Gold (GC=F): $1,515.50 per ounce, up $1.10 or 0.07%

The Nasdaq crossed the 9,000 level for the first time Thursday, as tech continued to rally this year. The S&P Tech sector is the best-performing sector in the index this year and surged a whopping 48% so far. It is on pace to have its best year since 2009. The Communications Services and Financials sectors are the second and third-best performing sectors this year, respectively.

Meanwhile, China’s industrial profits rebounded in November and rose 5.4% year-over-year, after dipping 9.9% in October. This boosted sentiment as the world’s second largest economy showed signs of resilience headed into 2020.

In addition, gold advanced Friday morning and is on pace to close out its best week since August. The precious metal has had a strong year as investors flocked toward safe-haven assets following uncertainty surrounding the trade war.

FILE - In this Dec. 13, 2019, file photo specialist Gregg Maloney, left, and trader John Panin work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Thursday, Dec. 26. (AP Photo/Richard Drew, File)

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Heidi Chung is a reporter at Yahoo Finance. Follow her on Twitter: @heidi_chung.

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