U.S. stocks mostly advanced on Wednesday as minutes from the Federal Reserve's July meeting showed that some policymakers want an increased rate hike based on the economy's progress. In U.S. economic news, the Federal Reserve reduced its bond buys with an additional $10 billion, which is expected to end in October. The U.S. dollar gained against major world currencies. Light sweet crude oil for September delivery rose $1.59 to $96.07 a barrel on the New York Mercantile Exchange, while gold lost $1.50 to $1,295.20 an ounce. The Dow Jones Industrial Average rose 59.54, or 0.4 percent, to 16,979.13. The Standard & Poor's 500 Index rose above expectations to 4.91, or 0.3 percent, at 1,986.51. The Nasdaq Composite Index fell 1.03, to 4,526.48.