Wednesday, May 22, 2013 | 10:03 p.m.
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Updated: 11:20 p.m. Wednesday, Dec. 29, 2010 | Posted: 11:19 p.m. Wednesday, Dec. 29, 2010
Wire report
NEW YORK — Stocks finished higher Wednesday as the market continued on pace for its best December in nearly 20 years.
The Standard and Poor’s 500-stock index — the market measure used by most professional investors — has gained 6.7 percent this month. If it closes Friday at this level or higher, it will be the best December return for the index since 1991.
Trading continued to be thin ahead of the New Year’s holiday. Investors were attracted to the government’s latest bond auction. Treasurys rallied and stocks also drew strength from the successful sale. Traders’ moods also appear to be buoyed by the mostly positive economic news of recent weeks.
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