(CNBC) — U.S. stocks traded higher Wednesday, amid pressure from low oil prices, after the Federal Reserve raised rates for the first time in nearly a decade.
The Dow Jones industrial average added 250 points with Goldman Sachs contributing the most to gains. In morning trade prior to the Fed's decision, the Dow added as much as 165 points before briefly turning negative.
The S&P 500 gained more than 1.5 percent to attempt to hold in positive territory for the year so far. Utilities continued to lead S&P 500 advancers, while energy lagged.
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