Stocks Ended Higher, S&P 500 and Nasdaq Hit New Highs

U.S. stocks ended higher on Wednesday, with the S&P 500 and the Nasdaq hitting record highs for the fourth straight session as optimism over the possibility of an imminent trade deal with Canada bolstered sentiment. The Dow Jones Industrial Average rose 60.55 points, or 0.23%, to 26,124.57. The S&P 500 gained 16.52 points, or 0.57%, to 2,914.04. The Nasdaq Composite added 79.65 points, or 0.99%, to 8,109.69.

Oil prices climbed Wednesday to score their highest finish of the month, after a U.S. government report showed that domestic crude supplies fell more than expected last week. October West Texas Intermediate crude tacked on 98 cents, or 1.4%, to settle at $69.51 a barrel. Brent crude settled $1.19, or 1.6%, higher at $77.14 a barrel.