Thu, 08 Mar 2012 13:18:17 GMT
US stocks rebound as hiring increases
US markets recovered on Wednesday trade after data showed the number of payrolls climbed and investors anticipated news about possible new type of Fed's quantitative easing. S&P 500 index gained 0.69% or 9.27 points and finished at 1,352.63 with financial shares posting biggest gains, Dow Jones Industrial Average index added 0.61% or 78.18 points and settled at 12,837.33 while Nasdaq Composite