US stocks rebound in best day for four years

&Tab;&Tab;<div class&equals;"wpcnt">&NewLine;&Tab;&Tab;&Tab;<div class&equals;"wpa">&NewLine;&Tab;&Tab;&Tab;&Tab;<span class&equals;"wpa-about">Advertisements<&sol;span>&NewLine;&Tab;&Tab;&Tab;&Tab;<div class&equals;"u top&lowbar;amp">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;<amp-ad width&equals;"300" height&equals;"265"&NewLine;&Tab;&Tab; type&equals;"pubmine"&NewLine;&Tab;&Tab; data-siteid&equals;"111265417"&NewLine;&Tab;&Tab; data-section&equals;"2">&NewLine;&Tab;&Tab;<&sol;amp-ad>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;<&sol;div><p>An afternoon surge has given the US stock market its best day in close to four years&comma; as stocks rebounded from a six-day slump&period;<&sol;p>&NewLine;<p>The three major US indexes dropped six days in a row heading into Wednesday amid concerns that China’s economy is weaker than investors had previously thought&period; That was the longest market slide in more than three years&period;<&sol;p>&NewLine;<p>The Dow fell about 1&comma;900 points over that period&comma; while the slump wiped more than two trillion dollars off the value of S&&num;038&semi;P 500 companies&period;<&sol;p>&NewLine;<p>The Dow Jones industrial average rose 619&period;07 points&comma; or 4&percnt;&comma; to 16&comma;285&period; The Standard &&num;038&semi; Poor’s 500 index gained 72&period;9 points&comma; or 3&period;9&percnt;&comma; to 1&comma;940&comma; giving the index its best day since November 2011&period; The Nasdaq composite gained 191 points&comma; or 4&period;2&percnt;&comma; to 4&comma;697&period;<&sol;p>&NewLine;<p>Markets have been volatile since China decided to weaken its currency earlier this month&period; Investors interpreted the move as an attempt to bolster a sagging economy&period;<&sol;p>&NewLine;<p>Traders are also jittery about the outlook for interest rates&period; The Federal Reserve has signalled it could raise its key interest rate for the first time in nearly a decade later this year&period;<&sol;p>&NewLine;<p>New York Fed President Bill Dudley said the case for a rate increase next month had become &OpenCurlyDoubleQuote;less compelling” in recent weeks&comma; which may have added fuel to the market gains&period;<&sol;p>&NewLine;<p>However&comma; he also stated that the situation could still change before the Fed’s next policy meeting scheduled for mid-September&period;<br &sol;>&NewLine;Investors were also following the latest corporate deal and earnings news&period; Technology stocks were among the biggest gainers&period;<&sol;p>&NewLine;<p>Despite the increase&comma; US manufacturers still face a host of problems from a stronger dollar to falling oil prices and turbulence in China&comma; the world’s second-biggest economy&period;<&sol;p>&NewLine;&Tab;&Tab;&Tab;<div style&equals;"padding-bottom&colon;15px&semi;" class&equals;"wordads-tag" data-slot-type&equals;"belowpost">&NewLine;&Tab;&Tab;&Tab;&Tab;<div id&equals;"atatags-dynamic-belowpost-68ecf7d136ff6">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;<script type&equals;"text&sol;javascript">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;getAdSnippetCallback &equals; function &lpar;&rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;if &lpar; false &equals;&equals;&equals; &lpar; window&period;isWatlV1 &quest;&quest; false &rpar; &rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&sol;&sol; Use Aditude scripts&period;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;tudeMappings &equals; window&period;tudeMappings &vert;&vert; &lbrack;&rsqb;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;tudeMappings&period;push&lpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;divId&colon; 'atatags-dynamic-belowpost-68ecf7d136ff6'&comma;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;format&colon; 'belowpost'&comma;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub; &rpar;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub;&NewLine;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;if &lpar; document&period;readyState &equals;&equals;&equals; 'loading' &rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;document&period;addEventListener&lpar; 'DOMContentLoaded'&comma; window&period;getAdSnippetCallback &rpar;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub; else &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;getAdSnippetCallback&lpar;&rpar;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;<&sol;script>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>


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