Energy and bank stocks led Wall Street higher on Wednesday, adding to a rally in the previous session, after strong jobs data dispelled concerns over the health of the US economy. Concern lingered that the US economy was on a weaker footing than thought, but recent data including a better-than-expected reading on private sector job creation last month has helped dispel those worries and given equities support.
The Dow Jones industrial average rose 34.24 points, or 0.2 percent, to 16,899.32, the S&P 500 gained 8.1 points, or 0.41 percent, to 1,986.45 and the Nasdaq Composite added 13.83 points, or 0.29 percent, to 4,703.42.
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