NEW YORK (AP) — Stocks rose on Wall Street Wednesday as more U.S. companies turn in their latest quarterly reports and several economic updates shed some light on the U.S. economy.
The S&P 500 rose 0.5%. The Dow Jones Industrial Average rose 62 points, or 0.1%, as of 11:35 a.m. Eastern time. The Nasdaq composite rose 0.8%.
The gains mark a reversal from the prior day's dip as big technology stocks once again lead the broader market. Nvidia rose 1.6% and Google's parent, Alphabet, jumped 2.4%. Their huge values give them outsized influence over the market.
Several big industrial companies also helped lift the market. Companies from a broad spectrum of industries reported their latest financial results and gave updated forecasts.
McDonald’s rose 2% after reporting that its sales benefite

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