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Russell 2000 Rebounds as Small-Caps Rally After Selloff

The Russell 2000 Index rebounded, ending a three-day decline, on speculation recent selling was overdone and as concern over Europe’s stimulus plan faded.

AutoNation Inc. gained 6.1 percent as Warren Buffett’s Berkshire Hathaway Inc. agreed to buy Van Tuyl Group, the largest privately owned U.S. auto dealership group. Tesla Motors Inc. advanced 4.7 percent after the electric-car maker said it will introduce a new product next week. Twitter Inc. rose 3.6 percent after JPMorgan Chase & Co. raised its recommendation on the shares.