U.S. stocks rise as investors weigh recession risk

NEW YORK, June 23 (Xinhua) -- U.S. stocks rose on Thursday as Wall Street assessed the likelihood of a recession.

The Dow Jones Industrial Average rose 194.23 points, or 0.64 percent, to 30,677.36. The S&P 500 increased 35.84 points, or 0.95 percent, to 3,795.73. The Nasdaq Composite Index added 179.11 points, or 1.62 percent, to 11,232.19.