(AFX) - Stocks eked out a gain in light pre-holiday trading Wednesday, boosted as oil prices dropped to three month lows and a gross domestic product report that showed the economy expanding at a faster pace than previously thought.
The financial and technology sectors rose, while energy stocks continued to fall. Investors have been nervous that the economy is slowing too much, which could hurt both consumer and corporate spending.
The Dow Jones industrial average rose 12.97, or 0.11 percent, to 11,382.91.
The Standard & Poor's 500 index was nearly unchanged at 1,304.27.
The Nasdaq composite index rose 13.43, or 0.62 percent, to 2,185.73.
For the week:
The Dow is up 98.86, or 0.88 percent.
The S&P is up 9.18, or 0.71 percent.
The Nasdaq is up 45.44, or 2.12 percent.
For the year:
The Dow is up 665.41, or 6.21 percent.
The S&P is up 55.98, or 4.48 percent.
The Nasdaq is down 19.59, or 0.89 percent.
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