Wall Street closed modestly higher following profit reports from a spate of banks and other big U.S. companies.
The S&P 500 rose 0.2 percent Wednesday after its seventh gain in the last eight days. The Dow added 109 points, or 0.3 percent, and the Nasdaq edged up less than 0.1 percent.
Elevance Health helped lead the market after it reported stronger profit and revenue for the spring than analysts expected. Several banks also rallied after reporting a rise in customer deposits. The S&P 500 is up nearly 19 percent for the year so far and at its highest level in more than 15 months….