Technology and health care companies drove much of the rebound, outweighing losses in safe-play stocks like utilities and real estate investment trusts. Macy's led a rally among retailers after reporting surprisingly strong results, adding to the strong wave of corporate earnings in recent weeks. Investors will get to pore over more results from retailers Thursday, including Walmart, J.C. Penney and Nordstrom. Brent crude, used to price international oil, rose 85 cents to close at $79.28 a barrel in London. In other energy futures trading, heating oil rose 2 cents to $2.27 a gallon.

Source: ABC News May 16, 2018 14:13 UTC