NEW YORK, N.Y. – The stock market reversed steep declines and ended slightly higher on Wednesday, thanks in part to a pickup in the price of crude oil.
On Wednesday:
The Dow Jones industrial average rose 53.21 points, or 0.3 per cent, to 16,484.99.
The Standard & Poor’s 500 index added 8.53 points, or 0.4 per cent, to 1,929.80.
The Nasdaq composite index rose 39.02 points, or 0.9 per cent, to 4,542.61.
For the week:
The Dow is up 93 points, or 0.6 per cent.
The S&P 500 is up 12.02 points, or 0.6 per cent.
The Nasdaq is up 38.18, or 0.9 per cent.
For the year:
The Dow is down 940.04 points, or 5.4 per cent.
The S&P 500 is down 114.14 points, or 5.6 per cent.
The Nasdaq is down 464.80 points, or 10 per cent.