NEW YORK (AP) — Stocks rose on Wall Street Wednesday as more U.S. companies turn in their latest quarterly reports and several economic updates shed some light on the U.S. economy.

The S&P 500 rose 0.8%. The Dow Jones Industrial Average rose 289 points, or 0.6%, as of 2:44 p.m. Eastern time. The Nasdaq composite rose 1.2%.

The gains were broad and marked a reversal from the prior day's dip. Nearly every sector within the S&P 500 gained ground and the index recovered a majority of its losses from Tuesday.

Big technology stocks once again led the broader market. Nvidia rose 1.3% and Google's parent, Alphabet, jumped 2.1%. Their huge values give them outsized influence over the market. Retailers and financial firms also helped lift the market.

Company earnings and forecasts were once agai

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