U.S. stocks ended higher for a fourth consecutive session Wednesday as investor appetite for attractively valued shares overcame concern about the negative impact of soaring oil prices on economic growth.

The Dow Jones Industrial Average [$INDU] ended up 110.32 points, or 1.1 percent, at 10,083.15, rebounding off an early low of 9,934.05.

This is the first time the benchmark index has ended above 10,000 in two weeks. In the last four sessions, the Dow has risen 268 points, or 2.7 percent.

The Nasdaq Composite [$COMPQ] shot up 36.12 points, or 2 percent, to 1,831.37. The tech-rich index has gained 79 points, or 4.5 percent, over the last four sessions.

The S&P 500 [$SPX] was up 13.46 points, or 1.2 percent, at 1,095.17. The Russell 2000 index [$RUT] , which tracks small-cap stocks, turned in the best performance, rising 2.2 percent at 541.61.

On the broader market, advancers outpaced decliners by 25 to 7 on the New York Stock Exchange, and by 22 to 8 on the Nasdaq.

Volume was relatively light with 1.3 billion shares exchanging hands on the Big Board and 1.6 billion shares trading on the Nasdaq.

On a sector-by-sector basis, oil service stocks [$OSX] and energy companies [$OIX] rallied, helped by the latest moves in oil prices.

Other significant gainers include semiconductor shares [$SOX] , airlines , Internet stocks [$GIN] and networkers [$NWX] .

Source: Agencies