Wall Street Rebounds Sharply After Italy Worries Ease
U.S. stocks rose as banks and energy firms led gains and small caps rallied, recovering most of Tuesday’s losses amid hopes Italy can avoid new elections. The S&P 500 rose 1.3 percent to 2724.01, the Dow up 306.33, and the Nasdaq 0.9 percent higher. The Russell 2000 hit a record close. Walmart unveils a $1-a-day college degree perk with Guild Education, open to 68,000 workers. Lowe’s to phase out methylene chloride and NMP by end of 2018 following safety concerns and EPA inaction.
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