Dow posts 2-year high in quiet trading

(CNNMoney.com) -- Stocks crept to yet another two-year record in quiet trading Wednesday, as traders look to end the year on a high note.

At the closing bell, the Dow Jones industrial average (INDU) was up 10 points, or 0.1%, at 11,585 -- it's highest point in two years. The S&P 500 (SPX) rose 1 point, or 0.1%; and the Nasdaq (COMP) ticked up 4 points, or 0.2%.

With no economic reports on the calendar, stocks eked out the slight gains as investors are eager to end the year on the upside.

"The market's going to drift higher for the remainder of the year, as we come into the beginning of January," said Rich Ilczyszyn, market strategist with futures broker Lind-Waldock. (more)