New york: The S and P 500 and Nasdaq Composite indexes closed higher on Wednesday. According to preliminary data, the S and P 500 rose 20.38 points, or 0.26%, to 7,748.58.

According to Emirates News Agency, the Nasdaq Composite gained 145.70 points, or 0.55%, to 26,588.49. Meanwhile, the Dow Jones Industrial Average fell 30.28 points, or 0.06%, to 53,761.57.