Dow jumps as bank and energy stocks rebound

U.S. stocks jumped Wednesday as financial stocks rebounded from steep losses in the prior session and Italian credit fears eased.

DJIA 24,667.78 +1.26% +306.33 S&P 500 2,724.01 +1.27% +34.15 NASDAQ 7,462.45 +0.89% +65.86 MOST ACTIVE DOW NAME LAST CHG % CHG GE 14.17 -0.01 -0.07% PFE 36.05 +0.35 0.98% INTC 55.68 +0.36 0.65% S&P 500 NAME LAST CHG % CHG MU 62.57 -0.05 -0.08% BAC 29.49 +0.53 1.83% AMD 13.82 +0.46 3.44% NASDAQ NAME LAST CHG % CHG MU 62.57 -0.05 -0.08% SIRI 7.12 +0.14 2.01% INTC 55.68 +0.36 0.65% Quotes as of 5/30/2018 4:12:03 PM ET TOP NEWS Dow jumps more than 300 points after banks rebound; small caps hit new record Big US bank exposure to Italy appears 'modest and manageable': Jefferies Bond fund managed by Bill Gross has worst day ever Tesla Model 3 gets Consumer Reports recommendation after braking update; shares hit session high Trump rips Disney CEO Bob Iger for defending Obama aide Jarrett after Roseanne Barr's racist tweet Uber and Lyft drivers are hurting from the highest gas prices in four years The Fed just proposed a plan to make life easier for banks by loosening the 'Volcker Rule' Dick's Sporting Goods shares skyrocket as gun sales restrictions don't hurt sales as much as feared Giuliani-connected law firms have a history with a pro-Trump super PAC linked to Cambridge Analytica $1 a day for college? Walmart unveils a new employee perk in bid to snag workers TOP VIDEO Italy didn't prompt market meltdown, says pro. Here's what did Edward Campbell, QMA portfolio manager, and Stephen Parker, J.P. Morgan Private Bank, provide insight to the sell-off in stocks and its impact on bond yields. SPECIAL REPORTS Silicon Valley is stumped: Even A.I. cannot always remove bias from hiring Four ways retirees botch their Social Security benefits Feedback We value your input—use our simple form to let us know what you think. Click here for Real-Time data and top stories on your desktop or mobile device. Send this email to a friend Unsubscribe Advertise More Newsletters Digital Products © 2018 CNBC Inc. All Rights Reserved. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632

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