(CNBC) U.S. stocks closed higher Thursday, off session highs as a bounce in oil and major stocks failed to completely offset increased uncertainty heading into the Federal Reserve's key meeting next week. ( Tweet This )
"I think a lot of this is volatility awaiting the Fed meeting," said Marc Chaikin, CEO of Chaikin Analytics. "There's some good leadership in the market along with Apple and that's always comforting to traders."
The Dow Jones industrial average closed about 80 points higher after gaining as much as 188 points with Apple and UnitedHealth the greatest drivers. The Nasdaq outperformed, briefly gaining more than 1.2 percent, boosted by biotechs and Apple.
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"There's still continued lack of conviction and any real liquidity," said Myles Clouston, senior director at Nasdaq. "Investors have been spooked by what's happened in the last month, month-and-a-half."