Stocks Rally on Wall Street as Bank Fears Ease Further

Visitors to the financial district walk past the New York Stock Exchange in New York on Sept. 23, 2022. Mary Altaffer/AP Photo

NEW YORK—Stocks rallied Wednesday as Wall Street shakes off more of the fear that dominated it earlier this month.

The S&P 500 rose 1.4 percent for its fourth gain in the last five days. The Dow Jones Industrial Average climbed 323 points, or 1 percent, while the Nasdaq composite jumped 1.8 percent.