The market was also encouraged by an auction for 30-year Treasury bonds that attracted strong demand, which eased some recent worries about higher interest rates. Stocks fell Wednesday after a relatively weak auction for 10-year notes.
According to preliminary calculations, the Dow Jones industrial average is up 32 at 8,771. The Standard & Poor's 500 index is up 6 at 945. The Nasdaq is up 9 at 1,862.
Three stocks rose for every two that fell on the New York Stock Exchange, where volume came to 1.2 billion shares.
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