US Stocks Rebound After Volatile Session on Softer CPI Data
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US stocks gained after a volatile session as dip buyers emerged after a cooler-than-forecast February inflation report.
The S&P 500 Index rose 0.5% Wednesday, for the first day of gains this week, and following three weeks of losses. The Nasdaq 100 Index advanced 1.1% and the Dow Jones Industrial Average slipped 0.2%. The Cboe Volatility Index fell to about 24, holding above the 20 level for the eighth straight day.