US stocks rise as oil stabilizes and inflation worries ease
The Dow Jones Industrial Average rose 316.14 points, or 0.61%, to 51778.04, while the S&P 500 gained 85.95 points, or 1.14%, to 7637.76.
U.S. stocks recovered some of their recent losses as oil prices steadied and confidence increased in the Federal Reserve's ability to keep inflation in check. The Dow Jones Industrial Average gained 316.14 points, or 0.61%, to 51778.04. The S&P 500 added 85.95 points, or 1.14%, to 7637.76 and the…