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Stocks recover after Wall Street rout

Trader on the floor of the New York Stock Exchange
Photo: Drew Angerer via Getty Images

Stocks rebounded on Thursday, with the Dow Jones Industrial Average closing up 400 points, the Nasdaq Composite rising 2.95% and the S&P 500 up almost 2%.

Why it matters: The market has not recovered all of Wednesday's losses, but the Dow and S&P are back on track for a positive year.

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