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The Journal Gazette

Tuesday, September 17, 2013 4:54 pm

How the major stock indexes fared on Tuesday

By The Associated Press

Stocks rose on Tuesday as investors bet that the Federal Reserve won't cut back its economic stimulus more than expected when it wraps up a two-day meeting on Wednesday.

The Standard & Poor's 500 index rose for the 10th out of the last 11 trading days. It now stands four points shy of its all-time record high, set on Aug. 2. The Dow Jones industrial average has now risen on six of the past seven trading days.

The Dow Jones industrial average rose 34.95 points, or 0.2 percent, to close at 15,529.73.

The Standard & Poor's 500 index rose 7.16 points, or 0.4 percent, to 1,704.76.

The Nasdaq composite rose 27.85 points, or 0.8 percent, to 3,745.70.

For the week:

The Dow is up 153.67 points, or 1 percent.

The S&P 500 is up 16.77 points, or 1 percent.

The Nasdaq is up 23.52 points, or 0.6 percent.

For the year so far:

The Dow is up 2,425.59 points, or 18.5 percent.

The S&P 500 is up 278.57 points, or 19.5 percent.

The Nasdaq is up 726.19 points, or 24.1 percent.