US STOCKS have ended a choppy day with a moderate rebound overnight.
Investors shook off a disappointing reading on homebuilders' confidence, and focused instead on the flood of earnings reports that will come in over the next few weeks. Many companies are expected to report strong results.
The Dow Jones industrial average rose 56, or 0.6 per cent, to 10,154. The Standard & Poor's 500 index rose 6,or 0.6 per cent, to 1071. The Nasdaq composite index, lifted by a rally in tech stocks, rose 19, or 0.9 per cent, to 2198.
Two stocks rose for every one that fell on the New York Stock Exchange. Volume came to a light 954.7 million. shares.
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Australian shares slightly up at noonStocks slide on weak jobs report
