Wall Street ends higher after U.S. President-elect Trump's press conference

U.S. stock indices closed higher after U.S. President-elect Trump's first press conference since the elections, promising job opportunities to Americans, while threatening a levy tax on companies leaving the U.S., and committed to cut presidential expenses and repeal outgoing president Obama's healthcare signature initiative known as Obamacare, while earlier today, the EIA report showed a larger U.S. inventory buildup than expected, and New York Fed President William Dudley talked about the banking culture from an organizational viewpoint.
 
Dow Jones closed up 0.50%, or 98.75 points at 19,954.28, while Standard and Poor's 500 added 0.28%, or 6.42 points to 2,275.32. NASDAQ Composite gained 0.21%, or 11.83 points to 5,563.65.
 
Gold futures due on February 14 rose 0.50% to $1,191.40 an ounce from the opening price of $1,185.50, while the dollar index fell 0.25% to 101.75 from the opening of 102.02.
 
On the other hand, U.S. crude futures due on February 14 jumped 3.09% to $52.39 a barrel from the opening of $50.82, while Brent crude futures due on March 16 surged 3.06% to $55.28 a barrel from the opening price of $53.64.