S&P 500 closes higher after four-session losing streak

US stocks rose at the close of Wednesday’s session, supported by a positive performance from Alphabet and amid investor anticipation of chipmaker Nvidia’s quarterly earnings.

The Dow Jones Industrial Average edged up 0.10%, or 47 points, to 46,138 points. The broader S&P 500 rose 0.38%, or 24 points, to 6,642 points, ending a four-session losing streak. The Nasdaq Composite also gained 0.59%, or 131 points, to 22,564 points.

Alphabet, the parent company of Google, climbed 3% to $292.82, supported by investor optimism surrounding the launch of its new AI model, Gemini 3.

In Europe, the STOXX Europe 600 was little changed at 561.71 points amid negative performance across most major sectors and markets.

Germany’s DAX fell 0.10% to 23,162 points, France’s CAC 40 slipped 0.20% to 7,953 points, and the UK’s FTSE 100 declined 0.45% to 9,507 points.

In Japan, the Nikkei 225 dropped 0.35% to 48,537 points, while the broader TOPIX fell 0.15% to 3,245 points.

Regarding oil, Brent crude futures for January delivery fell 2.13%, or $1.38, to $63.51 per barrel.

US WTI crude futures for December delivery also declined 2.14%, or $1.30, to $59.44 per barrel.

As for gold, December futures for the precious metal rose 0.40%, or $16.3, to $4,082.80 per ounce at settlement.

The minutes of the Federal Reserve’s October meeting revealed a division among policymakers regarding the future path of interest rates, with the balance of risks shifting toward a greater focus on labor market weakness, while inflation remains above the 2% target.