How the Dow Jones industrial average fared on Wednesday
NEW YORK (AP) — Stocks eked out tiny gains Wednesday as oil prices continued to recover and investors hoped that the worst may be over for the beleaguered energy industry. Telecommunications companies, which have climbed as the rest of the market has struggled this year, also rose.
The Dow Jones industrial average edged up 34.24 points, or 0.2 percent, to 16,899.32.
The Standard & Poor's 500 index added 8.10 points, or 0.4 percent, to 1,986.45.
The Nasdaq composite index rose 13.83 points, or 0.3 percent, to 4,703.42.
For the week:
The Dow has gained 259.35 points, or 1.6 percent.
The S&P 500 has risen 38.40 points, or 2 percent.
The Nasdaq has advanced 112.95 points, or 2.5 percent.
For the year:
The Dow is down 525.71 points, or 3 percent.
The S&P 500 is down 57.49 points, or 2.8 percent.
The Nasdaq is down 303.99 points, or 6.1 percent.