Wall Street hovers near record highs as crude rises

U.S. stock indices opened up on Thursday, hovering near record highs after drawing support from higher crude prices and the outlook of corporate tax cuts by U.S. president Trump's administration.
 
The Federal Reserve's meeting minutes yesterday helped stocks recover after slashing the chances of a rate hike in the bank's next meeting, as members await further inflation and employment data before making a decision.
 
As for crude prices, they surged today after an unexpected U.S. inventory drawdown last week, which buoyed energy shares today on Wall Street.
 
The dollar slid today against a basket of currencies, underpinning stocks of American exporters and nudging Wall Street higher.
 
Standard and Poor's 500 rose 0.13%, or 3.03 points to 2,365.85, while Dow Jones added 0.08%, or 16.42 points to 20,792.02.
 
Tech-heavy NASDAQ shed 0.31%, or 18.15 points to 5,842.47.