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Updated from 4:08 p.m. EST
Wall Street overcame morning selling pressure and closed to the upside Wednesday as traders shook off fears about the power shift in Congress.
The Dow Jones Industrial Average rose to another all-time high, gaining 19.77 points, or 0.16%, to 12,176.54, after falling as many as 53 points earlier. The index, which beat the previous record close set on Oct. 26, was supported by gains of 1.3% in Altria(MO Quote) and Exxon Mobil(XOM Quote).
As for the other indices, the S&P 500 was up 2.88 points, or 0.21%, at 1385.72, and the Nasdaq Composite advanced 9.06 points, or 0.38%, to 2384.94. ...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,309.92 | 1,091.49 | 2,138.44 | 32.31 |
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