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Stocks close higher after wild roller coaster ride

Traders work at the NYSE in New York
Photo: Xinhua/Wang Ying via Getty Images

The Dow Jones Industrial Average rebounded over 800 points from its low earlier in the day to close up 260 points Thursday, while the Nasdaq and S&P rose less than 1%.

Why it matters: Volatility is back, as we've seen over the past few months and every trading session this holiday week.

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