Wall Street closes with gains amid US housing data

FXStreet (San Francisco) - The US stocks market closed Wednesday with gains amid upbeat housing data in January in the United States and positive earnings reports.

However, market gave up earlier gains and closed off of highs. The Russell 200 hit record high while the Nasdaq Composite touched 13-year highs briefly.

The Dow Jones advanced 18.75 points or 0.12% to finish at 16,198.41; the S&P 500 added 0.04 points to 1,845.16; and the Nasdaq jumped 4.48 points or 0.10% to close the session at 4,292.06.