Stocks Close Higher

NEW YORK (August 13, 2014) Technology and health care companies helped push stocks close higher at the close Wednesday despite a mixed batch of economic news and a pullback in Japan's economy.

Amazon rose 2.2 percent Wednesday after the online retailing giant introduced a credit-card processing device designed to help small businesses.

Macy's fell 5.5 percent after it cut its sales outlook for the year.

The Standard & Poor's 500 index rose 12 points, or 0.7 percent, to close at 1,946.

The Dow Jones industrial average rose 91 points, or 0.6 percent, to end at 16,651.

The Nasdaq rose 44 points, or 1 percent, to close at 4,434.

The yield on the 10-year Treasury note fell to 2.41 percent.

Bond yields fall when prices rise.


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