Stocks closed modestly higher on Wall Street after a day of veering between gains and losses. The tentative trading came a day after the market's worst drop in two years, which was set off by fears that higher interest rates could cause a recession. The S&P 500 added 0.3% Wednesday. The Dow Jones Industrial Average ended just slightly in the green and the Nasdaq composite added about three-quarters of a percent. A report on inflation at the wholesale level showed prices are still rising rapidly. It echoed a report on inflation at the consumer level a day earlier.
