Dow Ekes Out Small Gain To Remain Above 15,000

NEW YORK (May 8, 2013)--The Dow Jones industrial average closed above 15,000 Wednesday, a day after it closed above the landmark level for the first time.

With no major economic releases due out Wednesday, investors focused on company earnings as reporting for the first quarter draws to a close.

Whole Foods and Electronic Arts rose sharply after the companies predicted higher profits. AOL plunged after its profit came up short of what analysts were looking for.

The Dow rose 48 points to end at 15,105, a gain of 0.3 percent.

Standard & Poor's 500 index rose six points to close at 1,632, an increase of 0.4 percent.

The Nasdaq composite rose 16 points to end at3,413, or 0.5 percent.

Two stocks rose for every one that fell on the New York Stock Exchange where volume was average at 3.5 billion shares.


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