How major US stock indexes fared Wednesday, 2/14/2024

Stocks recovered much of their sharp losses from a day before, triggered by worries that interest rates will stay high for months longer than hoped. The S&P 500 rose 1% Wednesday, good for more than two-thirds of its loss from Tuesday following a hotter-than-expected report on inflation. The Dow Jones Industrial Average added 0.4%, and the Nasdaq composite climbed 1.3%. Small-company stocks did even better. A calmer bond market helped keep things steadier as Treasury yields eased. DaVita, Lyft and other stocks climbed after reporting stronger results for the latest quarter than analysts expected.