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Wall Street stabilized after a morning drop, boosted by a modest rebound in banking stocks amid ongoing rate and growth concerns.
Wall Street showed signs of recovery Thursday after a sharp morning decline, with major indices stabilizing as banking stocks regained some ground following earlier losses.
The rally was driven by a rebound in financial sector shares, though gains were modest.
Investors remained cautious amid ongoing concerns about interest rate policy and economic growth, but the market avoided further downturns.
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Wall Street se estabilizó después de una caída matutina, impulsada por un modesto repunte en las acciones bancarias en medio de las continuas preocupaciones sobre tasas y crecimiento.