NEW YORK (CNNfn) - Strong gains in technology shares, particularly among Internet retailers, powered the Nasdaq to another record close in an abbreviated post-Thanksgiving trading session Friday. However, the broader market stumbled late in the session, with U.S. blue chips and the S&P ending in negative territory.
According to preliminary data, the Nasdaq composite gained 27.29 points to 3,447.79, its 16th record close in 20 sessions.
The Dow Jones industrial average fell 19.26 points to 10,988.91, and the S&P 500 index inched 0.46 points lower to 1,416.62.
On the New York Stock Exchange, advances narrowly outnumbered declines1,380 to 1,328 as trading volume reached 312 million shares.
Treasury prices fell, with the bellwether 30-year bond losing 8/32 of a point in price, raising its yield to 6.23 percent from 6.21 percent late Wednesday.
The dollar fell sharply against the yen and pushed the euro to a record low.
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