US stocks saw a modest increase on Wednesday, driven by strong profit reports from major companies. The S&P 500 rose by 0.4%, bringing it close to its all-time high.

The Dow Jones Industrial Average and Nasdaq composite also experienced gains, with increases of 0.3% and 0.6% respectively. BlackRock was a key contributor to the market's performance, with its stock rising 6.6% after reporting stronger than expected profits.

Further details on the stock market's performance and the factors influencing it are available from the Odessa American's source.