U.S. stocks closed at a record as energy prices rebounded and as Republicans gained control of the Senate. The direction of the stock market has been dictated by swings in the price of oil this week. On Wednesday, oil rebounded on a smaller-than-expected increase in overall U.S. supplies.
On Wednesday:
The Dow rose 100.69 points, or 0.6 per cent, to 17,484.53.
The S&P 500 index gained 11.47 points, or 0.6 per cent, to 2,023.57.
The Nasdaq composite fell 2.91 points, or 0.2 per cent, to 4,620.72.
For the week:
The Dow is up 94.01 points, or 0.5 per cent.
The S&P 500 index is up 5.52 points, or 0.3 per cent.
The Nasdaq is down 10.02 points, or 0.2 per cent
For the year:
The Dow is up 907.87 points, or 5.5 per cent.
The S&P 500 index is up 175.21 points, or 9.5 per cent.
The Nasdaq is up 444.13 points, or 10.6 per cent.
