US shares push higher amid earnings caution
NEW YORK (AFP) - United States stocks reversed two days of losses to close higher on Wednesday amid caution as investors await fourth-quarter earnings results.
At the close of trade, the Dow Jones Industrial Average was up 61.66 points (0.46 per cent) at 13,390.51.
The broad-based S&P 500 rose 3.87 (0.27 per cent) to 1,461.02, while the tech-heavy Nasdaq Composite jumped 14.00 (0.45 per cent) to 3,105.81.
Alcoa, the first blue-chip company to release fourth-quarter financial results after trade closed on Tuesday, slipped 0.2 per cent after earnings for the quarter came in as expected.