U.S. markets edge higher Wednesday

NEW YORK, Nov. 25 (UPI) -- U.S. markets rose marginally Wednesday after the U.S. Federal Reserve cautioned the economic recovery would remain slow.

In meeting minutes released Tuesday, the Fed pointed to positive data in housing and manufacturing, but said credit remained tight and employment would likely be weak for an extended period.

By close Wednesday, the Dow Jones industrial average added 30.69 points, 0.29 percent, to 10,464.40. The Standard & Poor's 500 rose 0.45 percent, adding 4.98 points, to 1,110.63. The Nasdaq composite index gained 0.32 percent, 6.87, to 2,176.095.

On the New York Stock Exchange, 2,042 stocks advanced and 960 declined on a volume of 3 billion shares traded.

The benchmark 10-year Treasury rose 10/32 to yield 3.268 percent.

The euro rose to $1.5132 from Tuesday's $1.4965. Against the yen, the dollar fell to 87.35 yen from Tuesday's 88.73 yen.

In Japan, the Nikkei 225 index rose 0.43 percent, 11.00, to 9,441.46.

In Britain, the FTSE 100 rose 0.77 percent, 40.85, to 5,364.81.