Stocks Bounce Back in Choppy Trading; Dollar Rises: Markets Wrap

Stocks are up for a third day in four amid optimism over the saidearnings season and growing speculation markets may have bottomed out. While that debate continues, with Sanford C. Bernstein strategists saying markets have yet to see full capitulation, rates markets have discarded bets the Federal Reserve will hike rates by a full percentage point next week, bolstering optimism the central bank will take a more measured approach to policy tightening.