Stocks rose slightly on Wednesday, building on their record-setting run after the release of stronger-than-forecast economic data.
The Dow Jones Industrial Average advanced 17 points, or 0.1%. The S&P 500 also gained 0.1% while the Nasdaq Composite climbed 0.2%. The averages were on track to post their fourth straight gain.
Apple and Facebook contributed to Wednesday’s gains, rising 0.6% and 0.5%, respectively.
Durable goods orders rose 0.6% in October while economists expected a decline of 0.8%. Weekly jobless claims, meanwhile, fell to 213,000 from 227,000. Third-quarter GDP was revised to show growth of 2.1%. That's up from a previous reading of 1.9%.
Source: CNBC