(Reuters) – U.S. stocks opened higher on Wednesday, with the S&P 500 edging closer to an all-time high, as a fall in U.S. crude stockpiles drove up oil prices, although investors remained on edge due to a stalemate over a new coronavirus relief bill.

The Dow Jones Industrial Average .DJI rose 173.33 points, or 0.63%, at the open to 27,860.24. The S&P 500 .SPX opened higher by 21.77 points, or 0.65%, at 3,355.46, and the Nasdaq Composite .IXIC gained 95.29 points, or 0.88%, to 10,878.12 at the opening bell.

Reporting by Ambar Warrick in Bengaluru; editing by Uttaresh.V

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