1. U.S. stocks rise in volatile trading, but futures drop again
U.S. stocks snapped out of a sell-off Tuesday in a volatile day of trading, although futures dropped by nearly 1 percent early Wednesday, giving up part of the rally. The Dow Jones Industrial Average closed up 568 points or 2.3 percent on Tuesday, a day after losing 1,175 points, the biggest daily loss in history, measured in points. The Dow plunged by more than 500 points at the opening bell, then reversed course before making big gains just before the closing bell. The chief executive officer at Boston Private Wealth, Tom Anderson, explained the bumpy trading to The Wall Street Journal: "No one wants to catch a falling knife," he said, "so investors are looking to see things firm up or fall a bit more before buying."
2. SpaceX successfully test launches world's most powerful rocket
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3. Tronc nears deal to sell L.A. Times to billionaire investor
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