U.S. stocks pared gains in Wednesday afternoon, losing much of their early momentum, as oil prices came off their intraday high to trade lower. The S&P 500 rose 5 points, or 0.3%, to 2,366 while the Dow Jones Industrial Average climbed 69 points, or 0.3%, to 20,760. The Nasdaq advanced 4 points to 5,902 after hitting a record of 5,936.39. Meanwhile, West Texas Intermediate crude for May delivery shed 0.1% to $50.98 a barrel after settling at $51.15 a barrel earlier.
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