Economy
Wall Street Rebounds from Lows as Oil Prices Retreat

Wall Street Rebounds from Lows as Oil Prices Retreat

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THE BRIEF
1

The US stock market rebounded from opening losses during Tuesday's trade, driven by upbeat corporate earnings and falling oil prices.

2

The blue-chip Dow Jones Industrial Average rebounded 1.5% from the day’s low, while the S&P 500 recovered 1%.

3

Brent crude oil prices retreated sharply from their session high to trade at $107 following an earlier peak.