NEW YORK (AP) — Stocks are climbing on Wednesday following strong profit reports from some of the world’s biggest names in banking and technology.

The S&P 500 rose 0.7%, coming off a roller-coaster day where it careened between a sharp loss and modest gain. The Dow Jones Industrial Average was up 226 points, or 0.5%, as of 9:35 a.m. Eastern time, and the Nasdaq composite was 0.9% higher.

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