U.S. stocks rose Wednesday as technology stocks traded higher for the second day in a row. Consumer companies gained steam as cruise lines rose. The beleaguered financial industry recovered some of its losses from earlier this year.
The Dow Jones industrial average picked up 83.55 points, or 0.5 per cent, to 17,716.66.
The Standard & Poor’s 500 index climbed 8.94 points, or 0.4 per cent, to 2,063.95.
The Nasdaq composite index rose 22.67 points, or 0.5 per cent, to 4,869.29.
For the week:
The Dow is up 200.93 points, or 1.2 per cent.
The S&P 500 is up 28.01 points, or 1.4 per cent.
The Nasdaq is up 95.79 points, or 2 per cent.
For the year:
The Dow is up 291.63 points, or 1.7 per cent.
The S&P 500 is up 20.01 points, or 1 per cent.
The Nasdaq is down 138.12 points, or 2.8 per cent.