Stocks jump as Wall Street looks to stage comeback | News World

New York
CNN
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US stocks continued to gain Wednesday as investors tried to recover from the week’s bruising losses.

The Dow rose 438 points, or 1.1%. The S&P 500 gained 1.6% and the Nasdaq Composite added 1.9%.

CNN’s Fear & Greed Index, which measures seven barometers of market sentiment, remained at an “extreme fear” reading after falling to that level Friday.

Still, the Cboe Volatility Index — Wall Street’s fear gauge — which measures bets on expected stock market volatility, fell to 23 Wednesday morning. That’s well below the 65 level it touched during Monday’s session.

Oil prices rose on Wednesday. West Texas Intermediate crude futures, the US benchmark for oil, rose 2% to $74.64 a barrel. Brent…