us wall street box 111109
On the homepage
Sunday's paper
Out There
Reusse/Souhan
Schools
How the Dow Jones industrials and other major stock indexes fared in Wednesday's trading
Print this story
E-mail this story
Save to del.icio.us
Share on Facebook
Share on Digg
Minnesota business by the numbers
See Minnesota's top earning companies, CEOs and non-profits
More from Business
More signs that interest rates will remain low and upbeat economic news from China gave investors more reason to keep buying stocks Wednesday. Federal Reserve officials signaled in speeches late Tuesday that a recovery in the economy is likely to be weak. Investors took that as another sign that policymakers will hold interest rates low to help resuscitate growth. Investors also drew encouragement from a 16.1 percent jump in industrial production in China.
The Dow Jones industrial average rose 44.29, or 0.4 percent, to 10,291.26.
The Standard & Poor's 500 index rose 5.50, or 0.5 percent, to 1,098.51.
The Nasdaq composite index rose 15.82, or 0.7 percent, to 2,166.90.
For the week:
The Dow is up 267.84, or 2.7 percent.
The S&P is up 29.21, or 2.7 percent.
The Nasdaq is up 54.46, or 2.6 percent.
For the year:
The Dow is up 1,514.87, or 17.3 percent.
The S&P is up 195.26, or 21.6 percent.
The Nasdaq is up 589.87, or 37.4 percent.
Recent Business stories
Benihana moves to 2nd-qtr loss, withdraws 2010 profit guidance, breaches loan covenant - November 11, 2009
Benihana moves to 2nd-qtr loss, withdraws 2010 profit guidance, breaches loan covenant - Restaurant operator Benihana Inc. said Tuesday it moved to a loss in the second quarter, and it withdrew its previous forecast for 2010 profit. More
- 2 charged with running $190M Ponzi scheme
- Toyota to replace 4 gas pedals that could jam
- Minnesota's banks are bruised, but healing
- FDA says Cheerios health claims lack evidence
- No verdict; Petters jury to resume deliberations Monday
- China executes 2 for role in tainted milk scandal
- 'Good Morning America' cancels Lambert
Blog: Patent Pending
Lights out at U energy conference. Irony police notified.
Just as Lawrence Kazmerski, a top official at the National Renewable Energy Laboratory, was about to give the keynote address at the University of Minnesota's annual E3 conference at the RiverCentre in St. Paul, the lights went out, bathing the audience in darkness and a deep sense of irony.
Comment on this story | Be the first to comment | Hide reader comments