U.S. stocks close higher


NEW YORK, March 4 (Xinhua) -- U.S. stocks ended higher on Wednesday.

The Dow Jones Industrial Average rose 238.14 points, or 0.49 percent, to 48,739.41. The S&P 500 added 52.87 points, or 0.78 percent, to 6,869.5. The Nasdaq Composite Index increased by 290.793 points, or 1.29 percent, to 22,807.484.

Eight of the 11 primary S&P 500 sectors ended in green, with consumer discretionary and technology leading the gainers by going up 2.24 percent and 1.27 percent, respectively. Meanwhile, energy and consumer staples led the laggards by dropping 0.73 percent and 0.53 percent, respectively.

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