US stocks staged a late rebound on Tuesday that halted a three-day global rout but underlined how volatility has returned to markets after years of unusual calm.
The Dow Jones Industrial Average ended up 567 points, or 2.3 per cent, at 24,913, a day after having recorded its biggest one-day points drop ever. The S&P 500 was up 1.7 per cent to 2,695, its best day since Donald Trump was elected US president.
The technology-heavy Nasdaq Composite gained 2.1 per cent. The sharp late-day reversal on Tuesday pulled all three major indices back into positive territory for the year.
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