The US markets ended near their best levels, recovering from their worst one-day drop in 2013, following Fed Chairman Ben Bernanke’s speech and buoyed by a batch of upbeat economic reports. The CBOE volatility index tumbled more than 11 percent to close below 17.
Dow Jones Industrial Average gained 0.84% or 115.96 points at 13,900.13. Nasdaq Composite rose 0.43% or 13.40 points at 3,129.65. Standard & Poor’s 500 added 0.61% or 9.09 points at 1,496.94.
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