Stock market live Wednesday: Dow rises 70 to a record, bitcoin tops $28,000, energy sector jumps 1.6%

This is a markets live blog for CNBC PRO subscribers that will be updated throughout the day.

Wall Street saw stocks rise on Wednesday, recovering from a slight dip in the previous session, as the market built on its already strong 2020 gains. The move higher came as the Trump administration began to roll out stimulus checks to Americans, while Congress continues its debate over an increase in direct aid payments.

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