U.S. stocks rise as treasuries advance; Oil surges

U.S. STOCKS rebounded following an early morning tumble Wednesday. / BLOOMBERG NEWS FILE PHOTO/MICHAEL NAGLE
U.S. STOCKS rebounded following an early morning tumble Wednesday. / BLOOMBERG NEWS FILE PHOTO/MICHAEL NAGLE
NEW YORK - United States stocks started the new year with a modest rebound from the worst December rout since the Depression. Oil rallied as Saudi Arabia cut exports. The S&P 500 Index ended an up-and-down session higher by three points, while the Dow Jones Industrial Average eked out a gain and the Nasdaq indexes…

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