Dow Ends Day Up 79

S&P 500 edges down, while Nasdaq slips less than a point
By Newser Editors and Wire Services
Posted Jul 18, 2018 3:00 PM CDT
Dow Ends Day Up 79
Trader Tommy Kalikas works on the floor of the New York Stock Exchange, Wednesday, July 18, 2018.   (AP Photo/Richard Drew)

Stocks are ending modestly higher as big gains for transportation and financial companies were partly offset by losses elsewhere, the AP reports. Airline stocks rose sharply Wednesday, led by a 8.8% surge in United Continental after the company reported a huge increase in earnings. Railroad stocks also climbed. CSX jumped 7.1% after releasing strong results. Berkshire Hathaway rose 5.3% after easing restrictions on buying back its own shares. Household goods makers and technology companies gave up some of their recent gains. The S&P 500 index rose 6 points, or 0.2%, to 2,815. The Dow Jones Industrial Average rose 79 points, or 0.3%, to 25,199. The Nasdaq composite fell less than a point to 7,854. (More stock market stories.)

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