Major stock indices marked their closures on a high note on Wednesday amid gathering hope about the US financial system, with shares of financial companies heading the securities market.

US wholesalers announced a fall of 0.2% in inventories in January, which was widely interpreted as an indication of growing demand.

Share prices for major banking institutions and insurance firms helped drive the growth in the broader stock market.

The financial subset within the Standard and Poor's 500 Index remained positive for a ninth straight trading session, the segments best ever share rally in 12 years.

The blue-chip Dow Jones Industrial Average surged 2.95 points to end at 10,567.33.

The broader Standard and Poor's 500 Index added up 5.16 points to 1,145.61.

The technology-heavy Nasdaq Composite Index increased by 18.27 points to 2,358.95.

The US dollar remained weak against the euro at 73.23 euro cents from 73.53 euro cents Tuesday.

The US currency surged against the Japanese currency to 90.51 yen from 89.99 yen. (With Input from Agencies)