July 19, 2023 - 1:10 PM
NEW YORK (AP) — Wall Street closed modestly higher following profit reports from a spate of banks and other big U.S. companies. The S&P 500 rose 0.2% Wednesday after its seventh gain in the last eight days. The Dow added 109 points, or 0.3%, and the Nasdaq edged up less than 0.1%. Elevance Health helped lead the market after it reported stronger profit and revenue for the spring than analysts expected. Several banks also rallied after reporting a rise in customer deposits.