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Dow Jones Rebounds by 316 Points Amid Fed Rate Hike

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The Dow Jones Industrial Average rebounded significantly on Thursday, gaining 316.14 points to close at 51,778.04.

This marked a 0.61 percent increase from the previous day's closing price, and was part of a broader trend of gains across U.S. equities.

The Standard & Poor's 500 index also rose, closing at 7,637.76 after gaining 85.95 points, or 1.14 percent, on high volume.

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