The Associated Press
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.