Wall Street rebounds from Brexit with second day of big gains

The S&P 500 has recouped more than half of its losses from the two-day equities rout sparked by the British referendum, which had erased $3 trillion in value from global equity markets, according to S&P Dow Jones Indices. The S&P financial sector , which was beaten up in the wake of the vote, gained 2.3 percent, leading all sectors. Energy shares jumped 2 percent, supported by higher oil prices.