(NEW YORK) — Despite a sluggish open, Wall Street posted gains on Wednesday, as one index set another record high.
The Dow Jones Industrial Average posted a record close for the second straight day, finishing the session at 23,563.36 — up a slim 6.13 from its open.
The Nasdaq climbed 21.34 to a close of 6,789.12, while the S&P 500 gained 3.74 on the day, a jump of nearly 0.2 percent.
Crude oil closed lower, however. A barrel ended the day trading at $56.81 — 39 cents lower than Tuesday’s close.
Panera Bread Company is buying its biggest competitor, Au Bon Pain. The two had been a part of the same company until Au Bon Pain was sold to a private equity firm in the 1990s.
And Ford Motor Company is partnering with a Chinese firm to develop electric vehicles for sale in China.
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