Market Snap: At the New York close: S&P 500 up 0.3% at 2081.90. DJIA up 0.15% at 17902.51. Nasdaq Comp up 0.8% at 4950.82. Treasury yields rose; 10-year at 1.895%. Nymex crude oil down 6.6% at $50.42. Gold down 0.6% at $1,203.10/ounce.
How We Got Here: U.S. stocks close modestly higher, as traders pour over the minutes of the March meeting of the Fed’s rate-setting committee, but for a second straight day, the major indexes bumped up against a ceiling.