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AP

Stocks edge higher on Wall Street after painful sell-off

Stocks edged higher on Wall Street following the market’s worst day in two years on fears about higher interest rates and the recession they could create

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Wall Street Sign 2

FILE - A Wall Street sign is shown in the Financial District, Wednesday, Oct. 13, 2021, in the Manhattan borough of New York.  (AP Photo/John Minchillo, File)

NEW YORK (AP) — Stocks edged higher in morning trading on Wall Street Wednesday following the market's worst day in two years on fears about higher interest rates and the recession they could create.

The S&P 500 rose 0.4% as of 10:13 a.m. Eastern. The benchmark index is coming off its biggest drop since June 2020, which ended a four-day winning streak.

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