NEW YORK (AP) — Stocks are climbing on Wednesday following strong profit reports from some of the world’s biggest names in banking and technology.
The S&P 500 rose 0.8%, coming off a roller-coaster day where it careened between a sharp loss and modest gain. The Dow Jones Industrial Average was up 254 points, or 0.5%, as of 11:30 a.m. Eastern time, and the Nasdaq composite was 1.1% higher.