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US Stocks Rebound, Led by Citi Bank And Intel


US Stocks climbed after Citigroup Inc. received a $7.5 billion cash infusion and JPMorgan said Intel Corp. will benefit from “robust” computer demand.

Citigroup’s advance helped stocks rebound from their first 10 percent drop in four years. Intel led semiconductor makers to their biggest gain in two weeks.

The DJ Industrial average closed up 215 points at 12,959

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