U.S stocks increase

Stocks rose today, building on strong gains from the previous session as investors tried to recover some of this year's steep losses.

Traders also weighed comments from US Federal Reserve Chair Jerome Powell, who reiterate the central bank's stance to fight inflation.

The broader market index climbed 0.8%.

The Dow Jones Industrial Average gained 209 points, or 0.7%, while the Nasdaq Composite jumped 0.8%.

Yesterday, the major averages all rallied more than 2%.

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