Wall Street ended higher Wednesday as investors reviewed the latest round of corporate earnings and an upbeat report from Delta Air Lines that bodes well for the travel industry.
Travel-related companies had some of the biggest gains. The S&P 500 is coming off three straight losses brought on by persistent worries about inflation and how the Federal Reserve will respond to it.
The S&P 500 rose 49.14 points, or 1.1%, to 4,446.59.
The Dow Jones Industrial Average rose 344.23 points, or 1%, to 34,564.59.
The Nasdaq rose 272.02 points, or 2%, to 13,643.59.
The Russell 2000 index of smaller companies rose 38.17 points, or 1.9%, to 2,025.10.
For the week:
The S&P 500 is down 41.69 points, or 0.9%.
The Dow is down 156.63 points, or 0.5%.
The Nasdaq is down 67.41 points, or 0.5%.
The Russell 2000 is up 30.54 points, or 1.5%.
For the year:
The S&P 500 is down 319.59 points, or 6.7%.
The Dow is down 1,773.71 points, or 4.9%.
The Nasdaq is down 2,001.38 points, or 12.8%.
The Russell 2000 is down 220.21 points, or 9.8%.
Copyright © 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.