The Dow Jones Industrial Average rallied up 89.46 points to close at 12,805.39 Wednesday after the Fed’s Beige Book showed the U.S. economy expanded at a modest rate following a generally positive start to the quarterly earnings onslaught.

The Nasdaq moved up 25.24 points to 3,016.46 and the S&P 500 picked up 10.12 points to finish at 1,368.71.

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