Stocks Ended Mixed, Dow Hit Record High

U.S. stocks ended mixed on Wednesday, with the Dow reaching a fresh record high, after a series of economic reports that showed a healthy economy, along with some signs of rising inflation. The Dow Jones Industrial Average gained 90.27 points, 0.29%, to 31,613.02. The S&P 500 lost 1.26 points, or 0.03%, to 3,931.33. The Nasdaq Composite gave up 82.00 points, or 0.58%, to 13,965.50.

Oil futures climbed Wednesday, with U.S. prices settling above $60 a barrel for a second straight session, as freezing weather extending as far south as Texas continues to shut in production and keep refineries closed. West Texas Intermediate crude for March delivery rose $1.09, or 1.8%, to settle at $61.14 a barrel. April Brent crude climbed 99 cents, or 1.6%, to $64.34 a barrel.