Dow, S&P Hit Record Close

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Updated Apr. 14, 2017 5:24PM EDT / Published Dec. 23, 2013 5:33PM EST

Alexander F. Yuan/AP

Merry Christmas, Wall Street. On Monday, stocks in the Dow and S&P 500 climbed to an all-time high with the help of a new Chinese distribution deal with Apple announced on Sunday. The tech giant saw its highest gains in three months after the news, giving Wall Street a pre-holiday bump. The S&P technology sector index rose to be the top-performing of the sectors, and the final stock price was 1,827.99—a record high. The Dow Jones also closed with a record, hitting 16,294.61.

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Dow, S&P Hit Record Close

Alexander F. Yuan/AP