The Dow Jones Industrial Average climbed above 27,000 for the first time after a turbulent day on Wall Street.
The S&P 500 also hit a closing high milestone of its own Thursday, a day after its first move above 3,000. Steep losses in drugmakers and real estate companies were offset by gains for banks and technology companies. Bond yields spiked following weak demand at an auction for 30-year Treasurys.
The S&P 500 rose 6.84 points, or 0.2%, to 2,999.91.
The Dow gained 227.88 points, or 0.8%, to 27,088.08.