The stock market rebounded as the Federal Reserve’s inflation gauge met expectations. The Dow Jones rose by 300 points, the S&P 500 gained 0.6%, and the Nasdaq Composite was up by 0.4%. Wall Street saw gains across the board, with most stocks in the S&P 500 rising on the day.

Read more at Barron’s: The S&P 500 Snaps Its Skid After Inflation Data Offers Few Surprises