Wall Street rebounds from recent losses
U.S. stocks climbed on Wednesday in a partial recovery from a three-day losing streak. Investors hunted for oversold bargains while ongoing bond market pressures kept gains in check.
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Wall Street clawed back ground on Wednesday afternoon, snapping a three-day slide as investors hunted for bargains among oversold equities. The Dow Jones Industrial Average rose 270.05 points, or 0.51%, to 53,036.93. The bounce arrived as traders pivoted away from software and services toward regional banks and miners.
