Wall Street Market Update
Stocks on Wall Street rose Wednesday led by the energy sector as oil prices rallied and as financials gained on the increasing likelihood of an interest rate hike after strong economic data.
The Dow Jones industrial average rose 112.58 points, or 0.62 percent, to 18,281.03, the S&P 500 gained 9.24 points, or 0.43 percent, to 2,159.73 and the Nasdaq Composite added 26.36 points, or 0.5 percent, to 5,316.02.
Stocks on Wall Street rose Wednesday led by the energy sector as oil prices rallied and as financials gained on the increasing likelihood of an interest rate hike after strong economic data.
The Dow Jones industrial average rose 112.58 points, or 0.62 percent, to 18,281.03, the S&P 500 gained 9.24 points, or 0.43 percent, to 2,159.73 and the Nasdaq Composite added 26.36 points, or 0.5 percent, to 5,316.02.
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