Wall Street lower as oil pulls back

Oil prices rallied nearly 6 percent on Wednesday following an agreement among major oil producing countries to curb output, but were down a day later as investors worried about the deal's impact on oversupply. Kansas City Fed President and voting member Esther George told CNBC that it was time to move ahead with a rate hike. The Nasdaq Composite was down 8.78 points, or 0.17 percent, at 5,309.77.