Wall Street closes out brutal month with tech-led gains

Business

NEW YORK (Reuters) – U.S. stocks rebounded for a second day on Wednesday, as investors snapped up beaten-down technology and internet favorites and strong company results lifted spirits, even as the S&P 500 closed out its worst month in seven years.

The Dow Jones Industrial Average .DJI rose 241.12 points, or 0.97 percent, to 25,115.76, the S&P 500 .SPX gained 29.1 points, or 1.08 percent, to 2,711.73 and the Nasdaq Composite .IXIC added 144.25 points, or 2.01 percent, to 7,305.90.

Reporting by Caroline Valetkevitch; Editing by Bill Berkrot

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