U.S. stocks closed higher Wednesday, bouncing back from the previous day’s selloff.
In U.S. economic news, minutes from the Federal Reserve’s (Fed’s) last meeting showed that central bankers have discussed the eventual tightening of monetary policy but made no decisions on which tools to use.
The Dow Jones industrial average rose 158.23, or 0.97 percent, to 16,532.54. The broader Standard & Poor’s 500 index gained 15.15, or 0.81 percent, to 1,887.98. The Nasdaq composite index added 34.65, or 0.85 percent, to 4,131.54.