U.S. stocks rose on Wednesday, with the Dow and S&P 500 index hitting record highs.

In the closing trading, the Dow Jones Industrial Average was up111.74, or 0.83 percent, to a record high of 13,633.08. The Standard & Poor's 500 index rose 12.12, or 0.80 percent,, to a record high of 1,530.23, and the Nasdaq composite index Gained 20.53, or 0.80 percent, to 2,592.59.

U.S. Federal Reserve officials viewed core inflation as remaining uncomfortably high and stressed the importance of further moderation, according to Fed minutes released on Wednesday. Investors got certainty on the future monetary policy after the minutes.

New York crude oil futures rose slightly on Wednesday ahead of energy stockpiles report.