AP News

How the major stock indexes fared on Wednesday


The stock market edged higher Wednesday after a court cleared the way for Germany to participate in a European rescue fund. Attention shifted to the Federal Reserve, which began a big two-day meeting.

Investors and economists expect the Fed to announce new steps to stimulate economic growth, especially after a Labor Department report showed employers added fewer than 100,000 jobs last month.

The Dow Jones industrial average rose 9.99 points, or 0.1 percent, to close at 13,333.35.

The Standard & Poor's 500 index rose an even 3 points, or 0.2 percent, to 1,436.56.

The Nasdaq composite index increased 9.78 points, or 0.3 percent, to 3,114.31.

For the week:

The Dow is up 26.71 points, or 0.2 percent.

The S&P 500 is down 1.36 points, or less than 0.1 percent.

The Nasdaq is down 22.11 points, or 0.7 percent.

For the year:

The Dow is up 1,115.79 points, or 9.1 percent.

The S&P 500 is up 178.96 points, or 14.2 percent.

The Nasdaq is up 509.16 points, or 19.5 percent.


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