How major US stock indexes fared Wednesday
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The Associated Press
Stocks are closing slightly higher on Wall Street Wednesday as investors recovered from an early stumble. The market turned around after Senator Mitch McConnell offered Democrats a short-term extension of the debt ceiling, relieving some of the uncertainty over a possible government default. The S&P 500, the Dow Jones Industrial Average and the Nasdaq closed higher. Energy prices retreated and bond yields edged lower.