US stocks closed sharply higher on Wednesday as investors sought bargains among beaten-down stocks and the recently battered biotechnology index bounced back on the last day of Wall Street’s worst quarter since 2011.
The Dow Jones industrial average rose 235.57 points, or 1.47 percent, to 16,284.7, the S&P 500 gained 35.94 points, or 1.91 percent, to 1,920.03, and the Nasdaq Composite added 102.84 points, or 2.28 percent, to 4,620.17.
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