(CNBC) U.S. stocks rose on Wednesday after two top Democratic leaders said President Donald Trump would support a debt ceiling extension and government funding plan.
The Dow Jones industrial average rose 54.33 points to close at 21,807.64, with Home Depot and Chevron contributing the most to the gains. Wednesday’s gains follow the Dow’s biggest one-day drop since August 17.
The S&P 500 climbed 0.31 percent to close at 2,465.54, with energy and consumer discretionary among the best performers. However, shares of United Continental Holdings and Newell Brands were among the worst performers in the S&P 500.
