US stocks rose on Wednesday after a day of volatile trading.

    The Dow Jones Industrial Average closed less than 50 points from the psychologically-important 20,000 mark on Wednesday following President-elect Donald Trump's first news conference in months. The Nasdaq also extended gains to its fifth straight record close.

    The Dow Jones Industrial Average DJIA, +0.50% rose 98.75 points, or 0.5%, to close at 19,954.28, while the S&P 500 index ESH7, -0.23% gained 6.42 points, or 0.3%, to end at 2,275.32. The Nasdaq Composite COMP, +0.21% added 11.83 points, or 0.2%, to finish at a record 5,563.65.