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
Trader Tommy Kalikas works on the floor of the New York Stock Exchange, Wednesday, July 18, 2018.   (AP Photo/Richard Drew)

(Newser) – 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. (Read more stock market stories.)

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