(CNBC) — U.S. stocks closed higher Wednesday, helped by rising oil prices and after the Fed released minutes from its June meeting.
The Federal Reserve meeting minutes released in the afternoon showed policymakers said it was prudent to wait for more data and the Brexit vote result before raising rates. The non-farm payrolls report due Friday is the key data for the week.
Policy members cited a slowdown in hiring as a reason to keep rates unchanged at the meeting last month, the minutes showed.
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"The jobs number really got under their skin," said Chris Rupkey, chief financial economist at Bank of Tokyo-Mitsubishi UFJ. "They have questions about whether the recovery is slowing, so the only thing that's going to lift this uncertainty is this Friday's report."