Money | stock market Banks, Retailers Lead Stock Gains By Newser Editors and Wire Services Posted Jan 12, 2018 3:16 PM CST Copied In this Tuesday, Feb. 9, 2016 file photo, a trader works at the New York Stock Exchange. (AP Photo/Mark Lennihan, File) Rising retailers pushed stocks further into record territory Friday on Wall Street, the AP reports. The Standard & Poor's 500 closed out its seventh week of gains in the last eight. .Bond yields rose following a report that inflation rose more than expected last month. The yield on the two-year Treasury topped 2% for the first time since the financial crisis was peaking in 2008. Target jumped 3.8%. Bank of America rose 1.7%. Facebook dropped 4.5% after saying it will make changes that will result in users seeing fewer posts from brands. The S&P 500 climbed 18 points, or 0.7%, to 2,786. The Dow Jones industrials gained 228 points, or 0.9%, to 25,803. The Nasdaq composite rose 49 points, or 0.7%, to 7,261. Read These Next IAEA chief downplays damage to Iran nuclear sites. Tillis, who opposes Trump bill, won't seek reelection. Hall of Famer Dave Parker dies Musk renews attack on Trump's bill. Report an error