Midday Report: Job Openings Rise to Record Highs; U.S. Stocks Climb

Wall Street was mostly in the green on Wednesday as crude added to the week's gains after a steeper-than-expected decline in U.S. inventories. Crude was trading near $51 a barrel at 10-month highs.The number of job openings rose to a record high of 5.8 million in April, according to the latest JOLTS report. The pace at which companies hired slowed in April, while the rate of voluntary resignations slipped to two percent. Target (TGT) - Get Report was slightly higher after hiking its quarterly dividend by 7.1 percent to $0.60 a share. The quarterly dividend offers a new yield of 3.5 percent. Verifone (PAY) was downgraded to EQUAL WEIGHT at Barclays and SECTOR WEIGHT at Pacific Crest. The two firms raised issues such as lack of near-term visibility and macro pressures in emerging markets. TheStreet's Keris Lahiff has details from Wall Street.