U.S. stocks fought off oil price worries and a negative report from Google to rise steadily Wednesday, with the Dow Jones industrials topping 10,000.
The Dow Jones industrial average closed at 10,083.15, up 110.32 points, or 1.11 percent, on a volume of 843 million shares.
The Nasdaq soared 36.12 points, or 2.01 percent, to settle at 1,831.37, and the Standard & Poor’s 500 rose 13.46 points, or 1.24 percent, to end at 1,095.17.
Crude oil futures rose to $47.20 per barrel, before pulling back to $47.08, CNN reported.
Search engine company Google cut the range of its initial public offering, signaling weak demand and weighing on other tech stocks.
Still, all major indexes rose.
The 10-year Treasury bond advanced about 1/4, or $2.50 for every $1,000 invested, for a 4.22 percent yield.
The dollar rose to 109.35 from 110.05, as the euro fell to $1.2318 from $1.2352.
The Nikkei 225 added 48.29 points, or 0.5 percent, to end at 10,774.26, and in London the FTSE 100 closed at 4,355.20 after falling 3.50 points, or 0.08 percent.
Loading ...
Social Media
See all Social Media