Stocks clambered higher Wednesday for their biggest gain in two weeks and easily absorbed the Federal Reserve's latest increase in interest rates, a move that was widely expected.
On Wednesday:
The Standard & Poor's 500 index jumped 19.81 points, or 0.8 per cent, to 2,385.26.
The Dow Jones industrial average rose 112.73 points, or 0.5 per cent, to 20,950.10.
The Nasdaq composite picked up 43.23 points, or 0.7 per cent, to 5,900.05.
The Russell 2000 index of small-company stocks jumped 20.45 points, or 1.5 per cent, to 1,382.83.
For the week:
The S&P 500 is up 12.66 points, or 0.5 per cent.
The Dow is up 47.12, or 0.2 per cent.
The Nasdaq is up 38.32, or 0.7 per cent.
The Russell 2000 is up 17.56, or 1.3 per cent.
For the year:
The S&P 500 is up 146.43 points, or 6.5 per cent.
The Dow is up 1,187.50, or 6 per cent.
The Nasdaq is up 516.93, or 9.6 per cent.
The Russell 2000 is up 25.70, or 1.9 per cent.
This content appears as provided to The Globe by the originating wire service. It has not been edited by Globe staff.