US stocks rebound on tech rally; S&P +1.8%
US shares put on a solid rally Wednesday, with investors piling back into blue chips and especially tech stocks as a Federal Reserve report depicted steady US economic growth. While worries over China's economy persist -- and the market did not make up Tuesday's three percent plunge -- Wall Street investors appeared to decide that the selloff had gone too far. The broader S&P 500 gained 35.01 (1.83 percent) at 1,948.86, while the Nasdaq Composite added 113.87 (2.46 percent) at 4,749.98.
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