Stocks Ended Sharply Higher as Tech Rebounded

U.S. stocks ended sharply higher on Wednesday, recovering some losses from Tuesday’s tech rout. The Dow Jones Industrial Average rose 439.58 points, or 1.60%, to 27,940.47. The S&P 500 added 67.12 points, or 2.01%, to 3,398.96. The Nasdaq Composite gained 293.87 points, or 2.71%, to 11,141.56.

Oil futures finished higher Wednesday, with U.S. prices reclaiming less than half of the more than 7% drop suffered in the previous session. West Texas Intermediate crude for October delivery rose $1.29, or 3.5%, to $38.05 a barrel. November Brent crude rose $1.01, or 2.5%, to $40.79 a barrel.