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RTRS: Wall Street bounces back after Chicago PMI
 
(Reuters) - Stocks turned positive after a weak open and added to gains on Wednesday after Midwest business activity grew more than expected.

The Dow Jones industrial average .DJI gained 21.17 points, or 0.21 percent, to 9,891.47. The Standard & Poor's 500 Index .SPX rose 4.60 points, or 0.44 percent, to 1,045.84. The Nasdaq Composite Index .IXIC added 16.80 points, or 0.79 percent, to 2,151.98.

The Institute for Supply Management-Chicago business barometer fell to 59.1 in June from 59.7 in May, and economists had forecast a June reading of 59.0.

But the employment component of the index rose to 54.2 from 49.2 in May, slightly offsetting the negative sentiment brought by a much lower than expected number of jobs created in the private sector, as showed in a separate reading.

(Editing by Jeffrey Benkoe)

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