Stocks Finish Higher

Budget surplus, narrowing trade deficit bolstered the markets, but hedge fund worries kept a lid on the gains

Stocks finished higher Wednesday as April's U.S. budget surplus of $57.7 billion was higher than expected. Gains were limited, however, on concerns that troubles in the hedge fund industry might spread into securities. Investors pondered news of a shrinking trade gap, falling oil prices, and a better-than-expected earnings report after Tuesday's close from Cisco Systems (CSCO ).

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