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US markets rebound a day after big plunge

 

The market still has a lot of ground to make up following last week's major declines.

The Dow Jones industrial average added 293.03 points, or 1.8 percent, to 16,351.38. That index fell more than 470 points the day before. The Standard & Poor's 500 rose 35.01 points, or 1.8 percent, to 1,948.86 and the Nasdaq composite rose 113.87 points, or 2.5 percent, 4,749.98.