Stocks edged higher Wednesday after a surprisingly strong report on hiring by private employers raised hopes that the job market may be improving. Traders remained concerned about the latest spike in oil prices as Libya's internal conflict deepened.
The Dow Jones industrial average rose 8.78 points, or 0.1 percent, to 12,066.80.
The S&P 500 rose 2.11, or 0.2 percent, to 1,308.44.
The Nasdaq composite gained 10.66 points, or 0.4 percent, to 2,748.07.
For the week to date:
The Dow Jones industrial average is down 63.65, or 0.5 percent.
The Standard & Poor's 500 index is down 11.44, or 0.9 percent.
The Nasdaq composite is down 32.98, or 1.2 percent.
For the year to date:
The Dow is up 489.29, or 4.2 percent.
The S&P is up 50.80 or 4 percent.
The Nasdaq is up 95.20, or 3.6 percent.