Stocks rally for a 2nd day, Dow jumps more than 200 to recoup Monday’s disaster

By Around the Web

(CNBC) — U.S. stocks climbed higher on Wednesday as equities continued their rebound from a one-day rout to start the week.

Better-than-expected earnings reports from Dow members Coca-Cola and Johnson & Johnson added to the bullish sentiment.

The Dow Jones Industrial Average rose 286.01 points, or 0.83%, to 34,798. It’s sitting less than 1% away from a record. The S&P 500 gained 0.82% to 4,358.65. The Nasdaq Composite climbed 0.92% to 14,631.95.

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