US stocks rebound, but Lehman remains a worry

Stocks made a stunning comeback today, as investors snapped up some of the financial sector’s stronger players and pumped money into the materials and transportation sectors. The Dow Jones industrial average rose more than 160 points.

US stocks rebound, but Lehman remains a worry

Stocks made a stunning comeback today, as investors snapped up some of the financial sector’s stronger players and pumped money into the materials and transportation sectors. The Dow Jones industrial average rose more than 160 points.

A drop in crude below 101 dollars a barrel also helped reverse early losses, particularly among carmaker and transportation stocks like railroad CSX Corp, Ford Motor Co and General Motors Corp.

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