U.S. stocks ended higher on Wednesday as investors digested minutes detailing the deliberations from the Federal Open Market Committee’s latest meeting. The Dow Industrial Average rose 63.12 points, or 0.24%, to 25,954.44. The S&P 500 was up 4.94 points, or 0.18%, to 2,784.70. The Nasdaq Composite gained 2.30 points, or 0.03%, to 7,489.07.
Oil futures marked their highest finish in three months on Wednesday, as signs of tighter global crude supplies outweigh pressure from a continued rise in U.S. production. March WTI crude oil tacked on 83 cents, or 1.5%, to settle at $56.92 a barrel. April Brent rose 63 cents, or about 1%, to $67.08 a barrel.
Federal Reserve officials were divided on the need to raise near-term rate increases last month, according to its January meeting minutes released Wednesday afternoon.
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