How the major stock indexes fared on Wednesday

Slightly better economic growth and stronger housing sales nudged the stock market higher Wednesday. The Dow Jones industrial average managed a four-point gain.

The U.S. economy expanded at a 1.7 percent annual rate from April through June thanks to rising consumer spending and exports. That's an improvement from the initial estimate of 1.5 percent, but not enough to put a dent in the unemployment rate.

The Dow Jones industrial average added 4.49 points, or less than 0.1 percent, to close at 13,107.48.

The Standard & Poor's 500 index added 1.19 points, or less than 0.1 percent, to 1,410.49

The Nasdaq composite rose 4.05 points, or 0.1 percent, to 3,081.19.

For the week:

The Dow is down 50.49 points, or 0.4 percent.

The S&P 500 is down 0.64 point, or less than 0.1 percent.

The Nasdaq is up 11.40 points, or 0.4 percent.

For the year:

The Dow is up 889.92 points, or 7.3 percent.

The S&P 500 is up 152.89 points, or 12.2 percent.

The Nasdaq is up 476.04 points, or 18.3 percent.

Source: http://news.yahoo.com/major-stock-indexes-fared-wednesday-214605479.html

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