US stocks close at highs while commodities extend declines

FXStreet (San Francisco) - Wall Street rebounds on Wednesday as investors believed in Facebook and another social media companies. The S&P closed positive for second day in seven sessions.

While investors are speculating when the Federal Reserve is planning to hike interest rate, commodities as gold and oil extended declines.

The Dow Jones advanced 54.84 pts or 0.32% to close the day at 17,068.71; the S&P 500 added 7.25 pts or 0.36% to finish at 1,995.69; while the Nasdaq Composite rallied 34.24 pts or 0.75% to 4,586.52.