How the major stock indexes fared Wednesday

AP News
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Posted: Mar 30, 2011 4:54 PM
How the major stock indexes fared Wednesday

Telecommunications companies led a broad stock rally Wednesday following a report that private companies are continuing to add workers. All ten sectors of the benchmark Standard & Poor's 500 index rose. AT&T Inc. led the 30 stocks that make up the Dow Jones industrial average with a 2.2 percent gain.

The Dow Jones industrial average gained 71.60 points, or 0.6 percent, to 12,350.61.

The S&P 500 rose 8.82 points, or 0.7 percent, to 1,328.26.

The Nasdaq composite rose 19.90, or 0.7 percent, to 2,776.79.

For the week:

The Dow is up 130.02 points, or 1.1 percent.

The S&P index is up 14.46, or 1.1 percent.

The Nasdaq is up 33.73, or 1.2 percent.

For the year to date:

The Dow is up 773.10, or 6.7 percent.

The S&P is up 70.62, or 5.6 percent.

The Nasdaq is up 123.92, or 4.7 percent.