Stocks Stage a Modest Recovery

Investors keyed on Bernanke's soothing remarks on the economy, but downbeat data on housing and manufacturing capped gains

U.S. stock indexes Wednesday recovered some of their losses from Tuesday's tumultuous session in heavy trading. The gains were small in relation to the 3%-plus drops seen a day earlier, after Tuesday's plunge in China's stock market sent U.S. indexes to their worst day in years. Shanghai rebounded overnight, but European bourses were lower and most Asian markets took a second straight tumble.

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