U.S. stocks closed higher Wednesday. The energy and technology sectors led the day, while the consumer staples sector lagged.

Corporate news was light.

In economic news, the U.S. Treasury Department reported a U.S. budget gap of $389 billion.

U.S. Treasuries fell as yields rose.

Volume on the New York Stock Exchange was high, with 964 million shares traded. Advancers outnumbered decliners.

Gold fell 30 cents to $1,569.80. Crude oil prices rose $1.62 to $51.56 a barrel.

The 30-year Treasury yield closed higher at 2.09 percent, and the 10-year Treasury yield closed higher at 1.63 percent.

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