Dow Ends Day Up 23

S&P 500 also up, though Nasdaq is down
By Newser Editors and Wire Services
Posted Sep 3, 2015 3:13 PM CDT
Dow Ends Day Up 23
Trader Peter Mancuso, left, works on the floor of the New York Stock Exchange, Wednesday, Sept. 2, 2015.   (AP Photo/Richard Drew)

Stocks are closing mostly higher as markets regain their footing after a turbulent few weeks. The Dow Jones industrial average edged up 23 points, or 0.1%, to 16,374 today. The Standard & Poor's 500 index rose two points, also 0.1%, to 1,951. The Nasdaq composite slipped 16 points, or 0.4%, to 4,733.

European markets rose broadly. The head of the European Central Bank said it's ready to give the region a bigger dose of stimulus should inflation fail to pick up. Joy Global plunged 15%, the most in the S&P 500, after the maker of mining equipment posted earnings that fell far short of analysts' estimates. Bond prices rose. The yield on the 10-year Treasury note fell to 2.17%. (More stock market stories.)

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