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US stocks rebounded on Wednesday from five straight sessions of losses after strong private sector jobs data and as minutes from the most recent Federal Reserve meeting reassured investors the bank was in no hurry to start raising interest rates.
The Dow Jones Industrial average rose 212.88 points, or 1.23 percent, to 17,584.52, the S&P 500 gained 23.29 points, or 1.16 percent, to 2,025.9 and the Nasdaq Composite added 57.73 points, or 1.26 percent, to 4,650.47.
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Posted in: Indian Market Tips
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