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U.S. stocks rebound as rate hike fears abate

Xinhua, May 21, 2016 Adjust font size:

U.S. stocks ended higher Friday as worries about a summer rate hike appeared to recede after recent stock declines.

The Dow rose 0.38 percent, and the S&P 500 added 0.60 percent, while the Nasdaq jumped 1.21 percent. Enditem