Commodities
US Stocks Rebound as Oil Prices Pull Back Sharply
The US stock market has regained its footing after a pullback earlier in the week. The Nasdaq and S&P 500 have made significant gains, pushing into positive territory.
The Dow Jones Industrial Average is lagging behind, hovering near the unchanged line despite some fluctuations throughout the session. Currently, the Nasdaq is up 215.32 points or 0.8 percent at 26,196.89, while the S&P 500 has gained 30.80 points or 0.4 percent to reach 7,616.53.
The Dow is down 30.08 points or 0.1 percent at 52,063.03. This resurgence in stock prices comes as crude oil prices have pulled back sharply.