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How the Dow Jones industrial average and other major indexes fared on Wednesday

The stock market closed higher Wednesday, ending a five-day losing streak, as investors cheered a slight upturn in the price of oil and hoped for more stimulus for Europe’s struggling economy. The sharp drop in oil over the past six months has many worried that the global economy is slowing.

On Wednesday:

The Dow Jones industrial average rose 212.88 points, or 1.2 per cent, to 17,584.52.

The Standard & Poor’s 500 index rose 23.29 points, or 1.2 per cent, to 2,025.90.

The Nasdaq composite rose 57.73 points, or 1.3 per cent, to 4,650.47.

For the week:

The Dow is down 248.47 points, or 1.4 per cent.

The S&P 500 is down 32.30 points, or 1.6 per cent.

The Nasdaq composite is down 76.35 points, or 1.6 per cent

For the year:

The Dow is down 238.55 points, or 1.3 per cent.

The S&P 500 is down 33 points, or 1.6 per cent.

The Nasdaq composite is down 85.59 points, or 1.8 per cent.