Stocks Extend Their Gains on Wall Street

Dow climbs 117
By Newser Editors and Wire Services
Posted Feb 13, 2019 3:18 PM CST
In this Feb. 5, 2019, file photo specialist Anthony Rinaldi, left, and trader Michael Conlon work on the floor of the New York Stock Exchange.   (AP Photo/Richard Drew, File)

(Newser) – Stocks extended their gains on Wall Street as investors remain optimistic that the US and China will make more progress in resolving their trade dispute, the AP reports. Energy companies, retailers and industrial companies led the market higher Wednesday, a sign that investors expect the economy to remain healthy. Exxon Mobil rose 1.1% and Home Depot climbed 1.6%. Hilton Worldwide jumped 6.8% after its earnings and revenue easily beat analysts' forecasts. The S&P 500 index rose 8 points, or 0.3%, to 2,753. The Dow Jones Industrial Average climbed 117 points, or 0.5%, to 25,543. The Nasdaq edged up 5 points, or 0.1%, to 7,420. (Read more stock market stories.)

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