U.S. stocks ended higher on Wednesday as investors hoped for an easing of trade tensions between the U.S. and China. The Dow Jones Industrial Average rose 181.97 points, or 0.70%, to 26,346.01. The S&P 500 gained 26.34 points, or 0.91%, to 2,919.40. The Nasdaq Composite advanced 79.96 points, or 1.02%, to 7,903.74.
U.S. oil futures settled slightly lower Wednesday, as minutes from the Federal Reserve’s September meeting raised worries about the economy and government data revealed a fourth straight rise in domestic crude supplies. West Texas Intermediate crude for November delivery fell by 4 cents, or 0.08%, to settle at $52.59 a barrel. December Brent crude added 8 cents, or 0.1%, to end at $58.32 a barrel.
Federal Reserve officials were more worried about the U.S. economy by the time they met in mid-September, according to minutes of the central bank’s meeting released Wednesday.
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