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Post by bot on Sept 2, 2015 15:20:53 GMT -5
U.S. stocks end higher after solid economic reports
U.S. stocks rebounded from a two-day rout, with major indexes ending Wednesday's session with solid gains. Investors welcomed upbeat tone in the Federal Reserve's Beige book, while data on private-sector job gains pointed to continued improvement in the labor market. Trading on Wall Street remained volatile, however. The S&P 500 closed 35.01 points, or 1.8% higher to 1,948.86. The Dow Jones Industrial Average jumped 293.10 points, or 1.8%, to 16,351.45. The Nasdaq Composite ended the day up 113.87 points, or 2.5% at 4,749.98.
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