Stocks ended a three-session losing streak yesterday with help from an economic report bolstering the outlook for steady, non-inflationary growth. On Wall Street, the Dow Jones industrial average rose 74.17 points to 7,922.18, wiping out half of its 150-point loss over the prior three sessions.
Broader stock indicators also put in their best performance since Monday as bonds rebounded from yesterday's stumble, sending interest rates lower again.
Bonds rose in the morning after the government's latest calculation of second-quarter economic activity unexpectedly revealed a slower rate of growth than earlier estimates.