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Wall Street Tracks Oil Prices Again, Ends higher

Wall Street Tracks Oil Prices Again, Ends higher

Wall Street : US stocks rose in low volume on Wednesday, led once more by the direction of the price of oil and energy shares.

The Dow Jones industrial average rose 34.48 points, or 0.2 per cent, to 16,998.58, the S&P 500 gained 9.85 points, or 0.5 per cent, to 1,989.11 and the Nasdaq Composite added 25.55 points, or 0.55 per cent, to 4,674.38.

US crude last traded up 4.9 per cent on the day.

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