Nike and General Electric led advancers on Wednesday. Stocks stepped up amid a variety of economic news. Crude oil prices slipped. West Texas Intermediate crude shed 0.60% today to settle at $70.89 a barrel. On another note, industrial production gained 0.7% in April. The uptick in March was also revised up. Meanwhile, housing starts decreased by 3.7% in April, though they are up by 10.5% from April 2017. Looking elsewhere, Cisco reported quarterly details after the closing bell. The network gear maker earned $0.66 per share on revenue of $12.64 billion versus estimates of $0.65 and $12.43 billion.