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DJIA Review : Stocks end higher, putting losing streak to rest

Posted by Flora Sawita

SAN FRANCISCO (MarketWatch) -- U.S. stocks closed higher Wednesday, clawing back from deep session lows and ending a losing streak that would have marked the Dow average's worst since the late 1970s. The Dow Jones Industrial Average DJIA +0.25%  gained 29.82 points, or 0.3%, to 11,896.44, its first advance in nine sessions. The S&P 500 SPX +0.50%  rose 6.29 points, or 0.5%, to 1,260.34, its first rise in eight sessions. The Nasdaq Composite COMP +0.89%  rose 23.83 points, or 0.9%, to 2,693.07. Some support from earnings and bargain hunters helped offset a bleak round of economic data. All three indexes are now slightly higher for the year; the Nasdaq had lost yearly advances intraday.

 

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