NEW YORK (AP) — Wall Street rebounded fitfully Wednesday from the previous session’s 416-point plunge in the Dow industrials as investors took comfort from comments by Federal Reserve Chairman Ben Bernanke but still showed signs of unease about the economy.

Bernanke’s remarks to Congress that he still expects moderate economic growth gave some investors confidence to look for bargains. A recovery in some overseas markets following a worldwide selloff Tuesday also lent some support to U.S stocks, but the advance lacked some conviction — the major indexes fluctuated throughout the day, with the Dow rising as much as 137 points before pulling back and advancing again several times.

Link to Dow Ends Up 52, Nasdaq Up 8 After Plunge: Financial News - Yahoo! Finance

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