These 2 Stocks Are Leading Wednesday's Market Rebound
After big sell-offs, it's typical for stocks to rebound. That's what we saw Wednesday morning as investors seemed more comfortable taking a more optimistic stance about the longer-term prospects for the economy and the market. Nevertheless, the gains weren't all that large compared to the size of Tuesday's declines. As of 11:30 a.m. EDT, the Dow Jones Industrial Average (DJINDICES: ^DJI) was up 195 points to 34,495. The S&P 500 (SNPINDEX: ^GSPC) moved higher by 24 points to 4,376, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) regained 53 points to 14,599.
Helping to pave the way higher were a couple of stocks that have been under pressure lately. Dollar Tree (NASDAQ: DLTR) announced a big strategic shift that could have huge implications for its business going forward. Meanwhile, Boeing (NYSE: BA) appears to be taking steps to shore itself up even in the face of ongoing challenges for its airline customers.
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Source Fool.com
