U.S. stock indices opened Wednesday higher amid optimism in the markets ahead of U.S. President-elect Donald Trump's speech, while crude prices rebounded.
Wall Street recovered today on expectations Trump would mention his stimulus plans that would include corporate tax cuts, underpinning stocks today.
On the other hand, crude prices rose today after tumbling yesterday, which helped energy and oil stocks advance and buoyed Wall Street today.
On the other hand, the dollar returned higher against main currencies, which could hurt shares of American exporters, but current market optimism curbed that negative effect.
Standard and Poor's 500 rose 0.15%, or 3.47 points to 2,272.37, while Dow Jones advanced 0.28%, or 56.55 points to 19,912.08.
Tech-heavy NASDAQ inched down 0.01%, or 0.54 points to 5,551.28.