The Dow rose 225.76 points, or 0.48%, to 47,311.00, the S&P 500 gained 24.74 points, or 0.37%, at 6,796.29 and the Nasdaq climbed 151.16 points, or 0.65%, to 23,499.80.
NEW YORK: US stocks rebounded on Wednesday as jitters over inflated tech stock valuations abated and upbeat earnings and better-than-expected economic data fuelled investors' risk appetite.
A broad rally sent all three major US equity indices higher on the day, with a bounce-back in tech and tech-related momentum stocks leading the charge.
