US stocks were back on forth on Wednesday but closed with modest gains as investors considered mixed economic data that showed minor expansion alongside Federal Reserve reports that predicted a standstill in joblessness at its present 9.7 percent.
The Dow Jones Industrial Average gained 40.43 points or 0.30 percent to 10,309.24 following Tuesday’s 150 plus point gains. Elsewhere, the tech-laden Nasdaq composite index rose 12.10 points or 0.55 percent to 2,226.29. The Standard & Poor's 500 index tacked on 4.63 points or 0.42 percent to 1,099.50.
About EQUITIES:
Since 1951, EQUITIES Magazine has been a leading media company providing business editorial content designed to serve the needs of business leaders, professionals, institutional investors and retail investors. We are focused on business and the business of making money, not on lifestyle subjects. We publish original reporting in print and on our website, as well as select content at www.nasdaq.com. For 28 years we have hosted our own branded investor conferences that connect public company CEO’s with our loyal readers in the investment community.
Sign up for a free one-year subscription
