NEW YORK (Reuters) - Stocks rose on Wednesday, sending the Nasdaq up 1 percent, as signs of strength in corporate profits fueled investors' appetite for riskier assets.
The Dow Jones industrial average .DJI was up 48.90 points, or 0.49 percent, at 10,090.38. The Standard & Poor's 500 Index .SPX was up 6.86 points, or 0.63 percent, at 1,097.92. The Nasdaq Composite Index .IXIC was up 20.69 points, or 0.96 percent, at 2,184.16.
Weakness in the U.S. dollar also underpinned the market as shares of multinationals headed higher.
