Stock market: Wall Street drift higher to cap record year [Video]

NEW YORK –

U.S. stock indexes were drifting higher in early trading Tuesday as Wall Street closes out another milestone-shattering year of gains.

The S&P 500 was up 0.2%. The benchmark index is coming off back-to-back declines of more than 1%.

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The Dow Jones Industrial Average was up 120 points, or 0.3%, as of 9:56 a.m. eastern time. The Nasdaq composite was up 0.1%.

More than 85% of the stocks in the S&P 500 were higher. Health care and financial stocks were among the biggest drivers. AbbVie rose 0.7% and JPMorgan Chase was up 0.5%.

Bond yields mostly fell. The yield on the 10-year Treasury slipped to 4.52% from 4.54% late Monday. The yield on the two-year Treasury fell to 4.22% from 4.24%.

Crude oil prices rose 0.5%.

Indexes in Europe mostly rose. Asian markets were mixed, with exchanges in Tokyo and Seoul …