Markets also reacted positively to comments from the European Central Bank chief and a surprise from McDonald's.
The U.S. Treasury Department put a sale of 2-year notes on hold over fears that Congress will fail to raise the debt ceiling in time.
Chinese investors expect fresh stimulus before a key government meeting next week, while European markets look to the ECB for a boost.
Bitcoin transactions have been ruled tax-free in Europe by the Court of Justice.
Meanwhile, investors awaited word from the European Central Bank on its plans regarding additional stimulus.
The build was more than double the 3.9 million barrels forecast by analysts. It was also above the 7.1 million build reported by an industry group.
Companies like Exxon Mobil have begun acknowledging the risks of climate change. But a new report shows future demand estimates might miss the mark.
The company's costs rose in part due to the impact of certain previously renewed co-brand partnerships.
The stock price of Canadian drugmaker Valeant Pharmaceuticals dropped sharply Wednesday, triggering a trading halt, after a report questioned its data and practices.
A top market regulator outlined potential regulations that he said could limit the risks posed by high-frequency trading.
The Dow finished lower for the second strait session as investors weighed a series of mixed corporate earnings.
The Shanghai Composite Index plummeted over 3 percent in afternoon trade, as profit-taking by traders wiped off early gains.
After Chinese investors suffered losses on record-high priced Bordeaux a few years ago, demand for 'En Primeur' futures contracts has withered on the vine.
The ECB's governing council is to meet Thursday and markets expect it to highlight a willingness to act to boost inflation, but not just yet.
After experiencing two recalls in the middle of the quarter the company has seen $32 million in recall expenses so far this year, company executives said.
The company will pay up to $10,000 per person, to reimburse employees for identity theft losses and up to $1,000 per person for expense reimbursement.
Competitors such as Chipotle Mexican Grill and McDonald's have announced similar supply-chain shifts, adding pressure on U.S. livestock producers.
Elite money managers took a hit in the summer, with overall assets under hedge fund management falling nearly $100 billion globally.
The French bank will pay $787 million to settle charges that it did business with Sudan, Iran and other sanctioned regimes between 2003 and 2008.
Shares of Dow component IBM sank nearly 6 percent Tuesday, a day after the technology company posted a 14 percent decline in revenue.
An Indiana professor's lawsuit claims the bank owes New York State $2.4 billion over bailout-era tax irregularities.
The decision came following a series of health scares in China franchises as well as a general slowdown of sales in the region.
While Chinese stocks rose on hopes of further stimulus measures, European markets were dragged down by a drop in major energy and mining stocks.
The National Credit Union Agency has sued several companies over securities sold to credit unions that failed during the financial crisis.
The error has brought the German lender's operational and risk-control deficiencies under the scanner.
Stuyvesant Town, a sprawling complex of 56 high-rise brick buildings with a private park on 80 acres, was at the center of a $3 billion default five years ago.
Concerns about drug pricing have loomed over pharmaceutical stocks since last year and the sector's shares have fallen sharply in recent weeks.
MSCI's broadest index of Asia-Pacific shares outside Japan shed 0.3 percent, and Australian stocks lost 0.2 percent following Monday's GDP data from China.
The disappointing results highlight the struggles of the oil and gas industry, which is seeing little hope of a rebound in crude oil prices.
Asked if Fed Chair Janet Yellen has a mutiny on her hands over the rate hike decision, Williams said "absolutely not."