Dow ends higher, Treasury yields pressure market

The Dow rose 172.13 points, or 0.44%, to 39,056.39, the S&P 500 lost 0.03 points, or 0.00%, to 5,187.67 and the Nasdaq lost 29.80 points, or 0.18%, to 16,302.76.

NEW YORK: The Dow Jones Industrial Average ended higher on Wednesday, stretching its winning streak to six straight and closing above 39,000 points for the first time in five weeks, as investors kept betting on supportive US monetary policy.

The other Wall Street benchmarks cooled a touch as momentum stalled and US Treasury yields rose on the day of a 10-year notes auction. The S&P 500 ended unchanged after four sessions of gains, and the Nasdaq Composite slipped to a second consecutive decline.