News Summary: Dow edges up after record day

AP News
Posted: Mar 06, 2013 5:11 PM

NEW YORK (AP) — NOW WHAT?: After barreling through a record the day before, the Dow Jones industrial average meandered higher Wednesday. The index of 30 big corporations has more than doubled since hitting a low during the financial crisis in March 2009.

JOBS: Companies added 198,000 workers to their payrolls in February, according to payment processor ADP. Investors look to the ADP survey as a preview to the Labor Department's monthly employment report, which comes out Friday.

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FINAL SCORE: The Dow edged up 42.47 points, or 0.3 percent, to close at 14,296.24. The Standard & Poor's 500 index rose 1.67 points, or 0.1 percent, to 1,541.46.