Wall Street stocks finished mostly higher Wednesday with the Dow climbing to a fresh record on hopes a US government shutdown would soon end, while oil prices fell sharply on oversupply worries.

The Dow rose 0.7 percent to finish at 48,254.82, its first close above 48,000 as some market watchers pointed to a rotation to industrial names amid worries that artificial intelligence stocks are overvalued.

The Nasdaq finished down for the second straight day.

Traders broadly welcomed an expected congressional vote to reopen the government, after the longest shutdown in US history effectively stemmed the flow of official economic data and closed down vital services.

The House of Representatives appeared likely to vote Wednesday on a spending bill to solve the budget standoff after eight Democ

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