Stock market indexes finish higher, hold onto Wednesday gains

Market indices (^DJI, ^IXIC, ^GSPC) managed to hold onto gains seen at the top of Wednesday's trading session. It was such a joyous day even small cap stocks and the Russell 2000 index (^RUT) are seeing green.

Yahoo Finance Anchor Julie Hyman focuses on the downward shifts seen across Treasury yields, while Senior Markets Reporter Jared Blikre breaks down the end of day sector action.

For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

Editor's note: This article was written by Luke Carberry Mogan.

Video transcript

JULIE HYMAN: There's the closing bell on Wall Street. And now it is market domination over time. Josh and I joined by Jared Blikre to get you up to speed on the action from today's session. Let's see where the major averages ended up and start there.

We actually saw the Dow bouncing a little bit off the lows of the session here, finishing the day higher by 76 points a gain of about a fifth of 1%, the S&P 500 up about a half of 1%. The NASDAQ similar here, up 6/10 of 1%. What's notable to me is that both the smallest and the largest also helping lead today. The Russell 2000 up 6/10 of 1%, and so was the NASDAQ 100, up about 2/3 of 1%. So diverging there but from there sort of large brethren.

And then also wanted to take a look at the 10-year T note. There we have it. Given that we heard from Jay Powell today, but given that there wasn't really a big change to a movement of when the Fed might change rates, we saw just a three basis point decline in the 10-year yield to 4.1%. Jared's got a closer look at today's sector action and more right now. Hey, Jared.

JARED BLIKRE: Julie, defensiveness a little bit today. We did have tech leading earlier but not in the end. Utilities and staples, those round out the top two followed by materials and then tech and then health care and real estate. But really, we have consumer staples. That was a winner today or the second best winner. And then consumer discretionary, that's a more retail discretionary-oriented part, that was down 34 basis points there.

And when we take a look at the NASDAQ 100 here, another monster day for Nvidia, well over 20 new highs this year alone and notched another one. It's up to $887. AMD, another record close. JPMorgan, Costco, progressive financials, so another broad swath of leaders emerging here in this market, Josh.