How the S&P 500 index fared Wednesday

AP News
Posted: Jan 15, 2014 5:15 PM

The Standard and Poor's 500 index rose to an all-time high on Wednesday, beating its previous record set on Dec. 31 by just two-hundredths of a point.

Bank stocks climbed after Bank of America reported that its profit surged to $3.44 billion in the fourth quarter. Apple was up nearly 2 percent.

On Wednesday:

The Dow Jones industrial average rose 108.08 points, or 0.7 percent, to 16,481.94.

The Standard & Poor's 500 index gained 9.50 points, or 0.5 percent, to 1,848.38.

The Nasdaq composite climbed 31.87 points, or 0.8 percent, to 4,214.88.

For the week:

The Dow is up 44.89 points, or 0.3 percent.

The S&P 500 is up 6.01 points, or 0.3 percent.

The Nasdaq is up 40.22 points, or 1 percent

For the year:

The Dow is down 94.72 points, or 0.6 percent.

The S&P 500 is up 0.02 points, or less than 0.01 percent.

The Nasdaq is up 38.29 points, or 0.9 percent.