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
- Businesses, Investors Pressing for Green Policy
- E-scrap Recyclers Find Profits in Upgrades
- Congress Casts a Coy Vote on ISIS War
- At Groupon, Not a Good Deal of Workplace Diversity
- 'The Voice' Sounds Different This Season
- Lower Used-Car Prices Roil the Auto Industry
- Porn Lovers Get a New Search Engine
- Liberty Power Helps USHCC Go Green
- Utah Hosts US Hispanic Chamber of Commerce Meeting
- Investors Fret Yahoo's Future, Stock Dips