Call & Times

Stocks end higher on Wall Street

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7echnology companies and banNs helped lift stocNs on :all 6treet broadly higher :ednesday, enabling the mar Net to claw bacN some of its losses after a downbeat start to the weeN.

7he 6 3 00 rose 0. , snapping a two day slide. 0ost of the companies in the benchmarN index rose, with technology, financial, and health care stocNs accounting for a big share of the gains. 7esla, Ama]on and other com panies that rely directly on consumer spending also rose. &ommunicati­on and utilities stocNs fell.

,nvestors continued to worN through company earn ings reports while Neeping an eye on bond yields, which eased lower. 6mall company stocNs far outpaced the broad er marNet after slumping a day earlier.

7he 6 3 00 rose . points to ,1 . . 7he 'ow -ones ,ndustrial Aver age gained 1 .01 points, or 0. , to ,1 . 1. %oth the 6 3 00 and 'ow hit all time highs on )riday. 7he technology heavy 1asdaq added 1 . points, or 1. , to 1 , 0. .

7he Russell 000 index of smaller company stocNs, which has been outpacing the broader marNet all year, led the way higher, climb ing 1. points, or . , to , . .

7he yield on the 10 year 7reasury held steady at 1. .

0uch of the marNet’s fo cus over the next two weeNs will be on individual compa nies and how well their quar terly results turn out. 7his weeN roughly 0 members of the 6 3 00 are due to report results, as well as one out of every three members of the 'ow. On average, an alysts expect quarterly profits across the 6 3 00 to climb

from a year earlier, ac cording to )act6et.

“7hose companies that meet or beat on revenue and paint a nice picture for the rest of the year are being reward ed,” said -.-. .inahan, chief strategist with 7' Ameritrade.

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