Blue chips lead Wall Street bounce back

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NEW YORK (Reuters) - Stocks swung back to positive territory in late morning trading on Wednesday, led by gains in Dow components Caterpillar and The Travelers , while Citigroup's 5 percent gain boosted bank stocks.


The Dow Jones industrial average <.dji> rose 72.71 points, or 0.56 percent, to 13,024.49. The S&P 500 <.spx> edged up 1.49 points, or 0.11 percent, to 1,408.54. The Nasdaq Composite <.ixic> dropped 17.86 points, or 0.60 percent, to 2,978.82.


Apple shares, down more than 4 percent, were the biggest drag on the Nasdaq.


(Reporting by Rodrigo Campos; Editing by Jan Paschal)



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