U.S. stocks closed higher Wednesday on the back of new economic data and a rise in oil prices. The Federal Reserve's January meeting minutes confirmed the majority of Fed officials showed concern about stock-market weakness and advised the central bank to hold off on a further rise in interest rates. U.S. industrial production rose 0.9% in January, the first increase since July, and well above expectations. The boost was driven by higher utility output (thanks to colder weather) and a 0.5% rise in manufacturing. Capacity utilisation rose 0.7 percentage points to 77.1%.
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