NEW YORK: Global stock indexes rose on Wednesday, helped by reports of brokerage measures in China to invigorate the country's battered markets, while oil bounced from earlier losses to end nearly 2 percent higher.
The S&P 500 jumped 1.8 percent, rebounding from Tuesday's steep losses. An upward revision in U.S. productivity data and a Federal Reserve report saying U.S. labor markets were tight enough to fuel small wage gains in some professions in recent weeks boosted sentiment.
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