Dow Jones: 17,409.72, +269.48, +1.57%
S&P 500: 2,036.09, +35.55, +1.78%
Nasdaq: 4,691.87, +97.42, +2.12%
The Dow Jones Industrial Average today rebounded from the recent two-day sell-off that knocked off roughly 900 points.
The Dow added 269 points, fueled by a strong bounce for energy and technology stocks. Markets also received a boost from the U.S. Commerce Department, which upwardly revised first-quarter GDP from 0.8% to 1.1%.
The Commerce Department also said that the U.S. economy grew by 1.4% in the fourth quarter of 2016.
Asian share markets joined a global rally on Wednesday as the immediate impact of Britain's vote to leave began to wane and investors wagered central banks would have to ride to the rescue with more stimulus measures.
MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS rose 0.5 percent, but remained a long way from its pre-vote levels. Japan's Nikkei .N225 climbed 1.1 percent, while Australian stocks added 1 percent.
Reference: Money Morning, Reuters
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