Strong gains by energy companies and retailers helped nudge each of the major U.S. stocks indexes to a record high close Thursday, erasing mild losses from the day before.
The Standard & Poor’s 500 index and Nasdaq composite had previously hit new highs last Friday. The Nasdaq also notched a record close on Tuesday.
Investors welcomed some better-than-expected quarterly results fromMacy’s and Kohl’s, which spurred gains for several other big retail chains.