Nasdaq posts fourth day of gains as stocks end mostly higher
U.S. stocks ended Wednesday's lackluster session mostly higher, with the Nasdaq Composite logging its fourth consecutive daily gain. A rally in energy shares following a gain in oil prices helped the S&P 500 finish in positive territory. However, the Dow Jones Industrial Average closed with modest losses, down 42.11 points, or 0.2%, to 20,659.39. The S&P 500 advanced by 2.56 points, or 0.1%, to 2,361.13. Shares of Vertex Pharmaceutical Inc. jumped 20% as one of its drugs had completed late-stage trials. The Nasdaq Composite ended with a modest gain, up 22.41 points, or 0.4%, to 5,897.55.
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