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Energy shares lead Wall Street higher at the close
U.S. stock indices rose on Wednesday, led higher by energy shares which hit new highs for the second session, after the negative impact of Trump's healthcare fail wore off.
Crude prices rose for the second session in a row amid disruption in Libyan supplies, while U.S. crude stockpiles rose less than expected last week, underpinning energy and oil shares today and nudging the indices up.
On the other hand, recent Fed officials made mixed statements, some called for more than three rate hikes this year and some opposed such a schedule, but all agreed on the economy's improvement and its readiness for policy tightening.
The dollar rose today against a basket of currencies, weighing on shares of American exporters but indices persisted higher excluding Dow Jones.
Standard and Poor's 500 rose 0.11%, or 2.56 points to 2,361.13, while Dow Jones shed 0.20%, or 42.18 points to 20,659.32.
Tech-heavy NASDAQ advanced 0.38%, or 22.41 points to 5,897.55.
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