01-06-2016 22:38 via news.yahoo.com

U.S. stocks stage late rebound, dollar falls

U.S. stock prices rose slightly on Wednesday on a late rebound in oil prices and an encouraging economic report from the Federal Reserve, but equity prices in other major world markets fell on worrisome Chinese and European factory data. Oil prices tumbled earlier on expectations major oil producers would not reach a deal to freeze output at an OPEC meeting on Thursday in Vienna. U.S. Treasury bond prices ended lower on the late bounce in stock and commodity prices.
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