News Summary: Stocks turn higher after 2 down days

AP News
Posted: Jan 09, 2013 5:12 PM

U-TURN ON THE MARKET: U.S. stocks rose on Wednesday, boosted by pockets of encouraging company news, after two days of losses.

READY FOR TAKEOFF?: Airplane maker Boeing rose the most of any company in the Dow index. Shares had fallen for two days because of safety concerns about the 787 Dreamliner, but the company said Wednesday it has confidence in the plane, and investors rallied behind it.

GETTING SCHOOLED: Apollo Group, the for-profit education company, dipped nearly 8 percent after reporting a sharp drop in student sign-ups for the fall term.