US Stocks bounced back finished slightly higher on Wednesday in a choppy trading session after global growth concerns were offset by a sharp rebound in oil prices.
The Dow Jones Industrial Average DJIA, +0.08 percent rose 19 points, or 0.1 percent, to 23,346.
The Standard & Poor 500 SPX, +0.13 percent ended up by 0.1 percent to 2,510.
The Nasdaq Composite COMP, +0.46 percent closed higher by around 0.5 percent to around 6,666.
Soft readings in manufacturing buying managers’ indexes across the eurozone and Asia caused qualms over a slowing global economy.
Yet mounting prices for crude futures later pushed equities off their session lows.
As for corporate info, shares for Tesla Inc. TSLA, +0.01 percent shed to 7 percent after the maker of electric cars reported fourth-quarter deliveries that were below analysts’ expectations.