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Stocks edge higher, oil falls as volatility hits Wall Street

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KMIZ

By DAMIAN J. TROISE and ALEX VEIGA
AP Business Writers

Stock indexes edged higher in afternoon trading Wednesday as Wall Street shook off a bout of volatility driven in part by big swings in technology companies. The S&P 500 rose 0.2%. The benchmark index has risen or fallen by more than 1% the past four days. The Dow Jones Industrial Average gained 0.2% and the Nasdaq was up 0.3% after wobbling between small gains and losses in the early going. International markets also sold off, with exchanges in Japan, South Korea, Germany and France all dropping more than 1%. Energy prices are retreating after a strong rally that contributed to renewed inflation fears among investors. U.S. oil fell 2% and natural gas plunged 9.7%

Article Topic Follows: AP National Business

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