Stocks Ended Mixed, Oil Prices Rose

U.S. stocks ended mixed on Wednesday, with the Nasdaq gaining on the strength of tech stocks. The Dow Jones Industrial Average fell 88.69 points, or 0.34%, to 25,733.60. The S&P 500 lost 1.14 points, or 0.04%, to 2,861.82. The Nasdaq Composite added 29.92 points, or 0.38%, to 7,889.10.

Crude-oil futures rose for a fifth session in a row on Wednesday, after data showed a sharper-than-expected decline in U.S. crude inventories. West Texas Intermediate oil for October delivery rose $2.02, or 3.1%, to settle at $67.86 a barrel. October Brent crude ended $2.15, or 3%, higher at $74.78 a barrel.

U.S. central bankers are ready to raise interest rates again so long as the economy stays on track, according to a record of the Federal Reserve’s most recent policy meeting.

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