Stocks almost erase 2016 losses as bulls charge

By Caroline ValetkevitchNEW YORK (Reuters) – The bulls have gained the upper hand in the U.S. stock market in recent weeks and strategists are cautiously optimistic the rebound will continue. A lot is riding on whether economic data can continue to hold up, since upbeat reports in recent weeks have eased fears the United States may be headed for a recession. Friday’s jobs report was the latest signal that those worries were overblown, with February U.S. payrolls surging more than exp