Wall St. shares up after U.S. data, technology sector leads

U.S. stocks were up more than 1 percent on Wednesday afternoon supported by U.S. data and technology stocks led a rebound from Tuesday's steep losses. The market briefly hit a session high after the Federal Reserve Beige Book report said U.S. labor markets were tight enough to fuel small wage gains in some professions in recent weeks, though some companies were already feeling a chill from an economic slowdown in China. Chinese stocks moved off steep losses to end almost flat on Wednesday as Chi