India, Nov. 11 -- Following the pullback seen during Tuesday's session, stocks saw a significant rebound during trading on Wednesday. The Nasdaq and S&P 500 moved sharply higher, while the narrower Dow posted a more moderate gain.

The major averages gave back some ground in the latter part of the trading day but remained firmly positive. The Nasdaq surged 400.31 points or 1.6 percent to 25,466.19, the S&P 500 jumped 98.45 points or 1.3 percent to 7,619.38 and the Dow climbed 254.60 points or 0.5 percent to 52,486.49.

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