The U.S. stock market inched modestly higher Wednesday, recovering more than half of what it lost the day before, as investors were able to set aside two disappointing economic reports.
The Dow Jones industrial average rose 49.38 points, or 0.3 percent, to 16,867.51.
The Standard & Poor's 500 index rose 9.55 points, or 0.5 percent, to 1,959.53.
The Nasdaq composite index rose 29.40 points, or 0.7 percent, to 4,379.76.
For the week:
The Dow is down 79.57 points, or 0.5 percent.
The S&P 500 is down 3.34 points, or 0.2 percent.
The Nasdaq is up 11.72 points, or 0.3 percent.
For the year:
The Dow is up 290.85 points, or 1.8 percent.
The S&P 500 index is up 111.17 points, or 6 percent.
The Nasdaq is up 203.17 points, or 4.9 percent.
Most Popular Stories
- National Retail Federation Reduces Sales Forecast
- Sporty Ford Fiesta Fires on All 3 Cylinders
- Pandora Tumbles in Late Trading
- Execs Help Entrepreneurs, Get Chevy Volts
- Small Firms Take Out the Trash in Jersey
- Citigroup Unit Paying $5 Million to Settle SEC Charges
- Amazon Hiring on Calif.'s Central Coast
- Obama Seeks Help From Central American Leaders
- 'Big Bang' Writers Hit Comic-Con
- CalPERS Still Profiting From Tainted Investments