New York stocks rebounded, with the Dow up $213. The market was reported to have been supported by sentiment that the sharp drop in crude oil prices was a buying catalyst.
New York stocks rebounded, with the Dow Jones Industrial Average reportedly up $213. Market participants are watching the market's movements at the start of the week as concerns ease.
There is a view that the sharp drop in crude oil prices stimulated investors' appetite for buying, and attention is also focused on the performance of energy-related stocks.