U.S. stocks bucked a global market slump Thursday as investors look ahead to a crucial Federal Reserve meeting next week on interest rates. Investors pushed major indexes lower in the morning following drops in Asia and Europe, then reversed course and turned higher. Nine of the 10 sectors of the S&P 500 index rose, led by technology companies.
For the day:
The Dow rose 76.83 points, or 0.5 percent, to 16,330.40.
The Standard & Poor's 500 index rose 10.25 points, or 0.5 percent, to 1,952.29.
The Nasdaq composite climbed 39.72 points, or 0.8 percent, to 4,796.25.
For the week:
The Dow is up 228.02 points, or 1.4 percent.
The S&P 500 index is up 31.07 points, or 1.6 percent.
The Nasdaq is up 112.33 points, or 2.4 percent.
For the year:
The Dow is down 1,492.67 points, or 8.4 percent.
The S&P 500 index is down 106.61 points, or 5.2 percent.
The Nasdaq is up 60.20 points, or 1.3 percent.