U.S.
stocks rose as energy companies gained amid a rebound in crude,
offsetting quarterly results from Alcoa Inc. and Bed Bath & Beyond
Inc. that disappointed investors.
The
Standard & Poor’s 500 Index advanced 0.4 percent to 2,091.09 at 4
p.m. in New York, with the index earlier trading around its average
price for the past 50 days.
The
S&P 500 rose Wednesday as minutes from the Federal Reserve’s latest
meeting, held before last week’s worse-than-forecast jobs data, showed
officials were split on whether they would raise interest rates in June.
The benchmark gauge has fallen 1.3 percent from a March 2 record amid
concern a stronger dollar and tumbling oil prices will hurt profits.
Source: Bloomberg
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