TheStreet.com 21 ended Wednesday up 18.83 points, or 1.7%, to 1103.57 after having gained 25 points in the previous session. Thirteen of the 21 components ended higher, while eight member companies closed lower.
The index, which was created to predict the direction of the economy, passed 1100 for the first time since its inception on July 3. The index is now up 103.57 points, or 10.1%, from its starting point at 1000.
Dow Jones Industrial Average
rose 45.19 points, or 0.5%, to 9568.46, and the
gained 11.42 points, or 0.6%, to 1852.90. The indices were helped by the
announcement that its latest Beige Book data signaled an improved economy over the summer.
Among the TSC 21 components,
jumped 99 cents, or 6%, to close at $17.49.
shares rose 67 cents, or 3.4%, to $20.26 after CEO John Chambers reportedly said that August orders were better than expected.
gained 17 cents, or 2.8%, to $6.26 on news that coverage of the stock was initiated at Banc of America with a buy rating and a $9 price target.
Other advancers included
, which rose 17 cents, or 3.3%, to $5.27, and
, up 68 cents, or 2.2%, at $31.12.
increased 20 cents, or 2.1%, to close at $9.71.
lead the day's losers. Kohl's fell $1.49, or 2.3%, to $63, and Ingersoll-Rand dropped $1.08, or 1.8%, to end at $57.77.
dropped 62 cents, or 1.8%, to $33.57, despite news that the company got antitrust approval from the Justice Department to buy
. The move brings Yahoo! closer to finishing the $1.63 billion acquisition.