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US stocks edge higher in abbreviated trading day

In this Wednesday, Oct. 8, 2014 photo, a man walks to work on Wall Street, in New York. Stocks are opening slightly higher, Wednesday, Dec. 24, 2014, a day after the Dow Jones industrial average closed above 18,000 for the first time. (AP Photo/Mark Lennihan)Encouraging news about the U.S. labor market helped lift stocks in midday trading Wednesday, steering the Dow Jones industrial average and the Standard & Poor's 500 index toward new highs. Utilities stocks were among the biggest gainers, while energy stocks slumped as oil prices slid. Trading will close early Wednesday ahead of the Christmas holiday.


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