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How the major stock indexes fared on Wednesday

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The Associated Press | June 26, 2013 04:41 PM EST | AP


U.S. stocks rose for the second day in a row Wednesday as investors became more optimistic that the Federal Reserve won't yank away its stimulus programs before the economy is ready. It was the first two-day gain since Fed Chairman Ben Bernanke said last week that the central bank could start pulling back on a key stimulus measure, its bond-buying program, later this year.

The Dow Jones industrial average rose 149.83 points, or 1 percent, to 14,910.14.

The Standard & Poor's 500 rose 15.23 points, or 1 percent, to 1,603.26.

The Nasdaq composite index rose 28.34 points, or 0.9 percent, to 3,376.22.

For the week so far:

The Dow is up 110.74 points, or 0.8 percent.

The S&P 500 is up 10.83 points, or 0.7 percent.

The Nasdaq composite is up 18.97 points, or 0.6 percent.

For the year so far:

The Dow is up 1,806.00 points, or 13.8 percent.

The S&P 500 is up 177.07 points, or 12.4 percent.

The Nasdaq composite is up 356.71 points, or 11.8 percent.