October 11, 2023 - 1:06 PM
NEW YORK (AP) — Stocks edged higher in wobbly trading as yields were mixed in the bond market, which has been Wall Street’s main driver recently. The S&P 500 rose 0.4% Wednesday. The Dow rose 65 points, and the Nasdaq composite added 0.7%. The yield on the 10-year Treasury fell again. That was even though a report on wholesale inflation came in hotter than expected. Economists said it may not be enough to force the Federal Reserve to raise its main interest rate again.