Wall Street bounces back

Strong housing and earnings reports helped US stocks rebound from their worst day of the year.

Wall Street bounces back

Strong housing and earnings reports helped US stocks rebound from their worst day of the year.

The Dow Jones industrial average rose 157.58 points, or 1.1%, yesterday to 14,756.78, winning back more than half of the 265 points it lost a day earlier. The Standard & Poor’s 500 index logged its second-best day of the year.

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