S&P 500 ekes out a small gain in light trading, boosted by reopening plays

(CNBC) -- U.S. stocks rose slightly on Wednesday as shares tied to the economic reopening supported the broader market once again.

The S&P 500 climbed 0.2% to 4,195.99, sitting just about 1% from a record high. The Dow Jones Industrial Average rose just 10.59 points to 34,323.05.The tech-heavy Nasdaq Composite added 0.6% to 13,738.00.

Trading was light ahead of the Memorial Day weekend. The SPDR S&P 500 ETF Trust (SPY), which tracks the broader market index, traded just over 33.5 million shares, well below the ETF’s 30-day volume average of nearly 77 million shares.

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