US Stocks Close At Record Highs as Oil Prices Continue to Retreat

iStock/Thinkstock(NEW YORK) — U.S. stocks closed higher Wednesday as oil prices fell.

The Dow jumped 297.84 (+1.55 percent) to finish at 19,549.62.

The Nasdaq gained 60.76 (+1.14 percent) to close at 5,393.76, while the S&P 500 finished at 2,241.35, up 29.12 (+1.32 percent) from its open.

Crude oil lost almost 2 percent with prices hitting under $51 a barrel.

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