Wall Street closes mixed, while crude prices rise

NEW YORK (AA) – Wall Street closed mixed Wednesday with tech and corporate losses but gains in oil prices that reached their highest level this year.

The Dow Jones rose 51 points to close at 18,041 points while the S&P 500 was up about 3 points to 2,095.

The Nasdaq fell 25 points to end the day at 4,863 points, marking its fifth daily decline.

Corporate accounting and financial firms reported losses Wednesday.

The world’s largest accounting firm Robert Half International saw its stock fall 12 percent, while banking and financial services company H&R Block had its shares slide 13 percent.

After reporting massive losses Tuesday, Apple’s stock value decreased more than 6 percent.

There was an increase in oil prices as weekly U.S. crude inventories rose but failed to meet expected numbers.

American benchmark West Texas Intermediate rose 3 percent to reach as high as $45.59 a barrel during the day, while international benchmark Brent crude soared above 3 percent to as high as $47.19.

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