US stocks rose on Wednesday after a day of volatile trading.
The Dow Jones Industrial Average closed less than 50 points from the psychologically-important 20,000 mark on Wednesday following President-elect Donald Trump's first news conference in months. The Nasdaq also extended gains to its fifth straight record close.
The Dow Jones Industrial Average DJIA, +0.50% rose 98.75 points,Read more
Oil prices gained more than 2 percent on Monday in volatile trading after falling as much as 2 percent, recouping losses as the market reacted to the shaky prospect of major producers being able to agree output cuts at a meeting on Wednesday.
US West Texas Intermediate crude futures rose 99 cents to $47.05 a barrel, a 2.2 percent gainRead more