Wall Street Up 2% in Biggest Daily Gain in 6 Weeks as US Recession Fears Abate

Wall Street Up 2% in Biggest Daily Gain in 6 Weeks as US Recession Fears Abate

NEW YORK (Sputnik) – Wall Street’s three major stock indices rose by about 2% each on Wednesday, staging their biggest one-day rebound in six weeks, as investors regained their risk appetite after worries earlier in the week about the potential worsening of the economic situation in the United States.

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