Market ends up after Fed, ahead of Obama
Stocks ended higher on Wednesday as investors were relieved that the Federal Reserve provided no further reason to sell stocks in its statement, while Apple
Investors await President Barack Obama's State of the Union address tonight.
Based on the latest available data, the Dow Jones industrial average <.DJI> rose 41.87 points, or 0.41 percent, to end unofficially at 10,236.16. The Standard & Poor's 500 Index <.SPX> was up 5.33 points, or 0.49 percent, at 1,097.50. The Nasdaq Composite Index <.IXIC> was up 17.68 points, or 0.80 percent, at 2,221.41.
(Reporting by Caroline Valetkevitch; Editing by Jan Paschal)
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