Closing Bell: Lexmark Surges on Acquisition; Crude Closes at 2016 High

U.S. stocks ended around session highs on Wednesday as crude oil roared to its highest settlement of 2016.
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U.S. stocks ended around session highs as crude oil roared to its highest settlement of 2016. Commodities got a boost after a smaller-than-expected build in U.S. inventories over the past week and on reports Russia and several OPEC members might meet again to discuss capping production. Printing company Lexmark (LXK) surged after agreeing to be acquired by a consortium of Asian buyers, including Apex Technology of China. The $3.6 billion deal values Lexmark at a 17 percent premium to Tuesday's close. Discover Financial (DFS) - Get Report jumped after beating analysts' estimates on the top- and bottom-line. Hershey (HSY) - Get Report slipped after a two-notch downgrade from Bank of America to UNDERWEIGHT.