Updated from 4:10 p.m. ESTStocks steadied themselves after taking a tumble at the open, and by the end of trading Wednesday the major indices had finished with modest gains. The Dow Jones Industrial Average rose 25.56 points, or 0.21%, to 12,442.16, and the S&P 500 was up 2.74 points, or 0.19%, at 1414.85. The Nasdaq gained 15.50 points, or 0.63%, at 2459.33. A 4.8% rise in Apple ( AAPL), which continued to hit record highs a day after CEO Steve Jobs unveiled an all-in-one phone and iPod device, supported the Nasdaq's advance. Apple jumped $4.43 to $97. Volume remained strong, with 2.68 billion shares changing hands at the New York Stock Exchange. On the Nasdaq, nearly 2.29 billion shares traded. Losers matched winners. New York stocks have had rocky sessions all week. On Tuesday, the action in the oil market flummoxed investors, and the first corporate earnings began to appear. At the end of it all, the Dow had slipped 6.89 points, or 0.06%, to 12,416.60, and the Nasdaq had gained 5.63 points, or 0.23%, to 2443.83. During the prior day, crude plunged more than $2 a barrel at one point before recovering most of the loss. Sellers were back again, though, and the February contract dropped $1.62 to close at $54.02 a barrel. According to the Energy Department's weekly inventory report, crude stores fell by a greater-than-expected 5 million barrels last week. However, the drawdown wasn't giving prices any support, as distillate supplies climbed by 5.4 million barrels and gasoline stocks rose 3.8 million barrels. "The $55 level was broadly seen as key technical support," said Marc Pado, U.S. market strategist with Cantor Fitzgerald. "The warm-weather forecasts are certainly a part of the bearish pressure on crude, but there is more to it. Even with cold on the way, inventories are likely to stay strong through winter."