Stocks rose only slightly in New York yesterday, barely snapping a three-session losing streak despite news that the Federal Reserve won't boost interest rates for now.
The Dow Jones industrial average rose just three points to 9,054 even after posting a gain as large as 62 points before yesterday's Fed meeting ended. The Dow lost about 160 points in the past three sessions after closing at a record 9,211.84 last Wednesday.
The Dow Jones industrial average rose 3.74 to 9,054.65.
The Standard and Poor's 500 rose 3.70 to 1,109.52, and the Nasdaq composite index rose 14.25 to 1,845.87.
Advancing issues outnumbered decliners by nearly a four-to-three margin on the New York Stock Exchange, with 1,701 up, 1,294 down and 533 unchanged.
NYSE volume totalled 565.39 million shares, against 518.27 million in the previous session.
The NYSE composite index rose 1.84 to 573.92, and the American Stock Exchange composite index rose 0.33 to 732.69.
