NEW YORK, Sept. 24 (Xinhua) -- Wall Street climbed in early trading Wednesday, after Goldman Sachs won 5 billion U.S. dollars investment from Warren Buffet's Berkshire Hathaway Inc.

    Buffett's Berkshire Hathaway said Tuesday it would invest at least 5 billion dollars in preferred stock of Goldman Sachs. In addition, Berkshire also got warrants to buy another 5 billion dollars in Goldman's common stock. Meanwhile, Goldman also said late Tuesday it would raise another 2.5 billion dollars in its equity offering.

    The news bolstered confidence in the nation's banking system and sent shares of Goldman Sachs and major indexes higher.

    Moreover, the market also awaited progress in the U.S. government's financial rescue package. Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke are scheduled to appear before Congress for a second day Wednesday on a 700-billion-dollar bailout plan to rescue financial services firms.

    Oil prices perked up Wednesday. Light, sweet crude for November delivery rose 2.49 dollars to 109.10 dollars a barrel on the New York Mercantile Exchange.

    The Dow Jones rose 10.91 to 10,865.08. Broader indexes also inched up. The Standard & Poor's 500 index rose 2.27 to 1,190.49; and the Nasdaq climbed 14.47 to 2,167.80.