Stocks closed broadly higher on Wall Street Wednesday, adding to the market’s gains this week ahead of the Christmas holiday.
The S&P 500 rose 1 percent after coming back from an early slide. The other indexes also recovered after sliding into the red in the early going. The Dow Jones Industrial Average rose 1.1 percent and the Nasdaq closed 1.2 percent higher. The Russell 2000, a measure of small-company stocks, rose 0.9 percent.
