Stocks Rebound as Dow Jumps 348 Points Despite Soft Retail Data
- Dow erased losses from earlier in week, jumped 348 points as stocks climbed amid new economic data
- Investors shook off softer-than-expected January retail sales data; 10-year Treasury yield fell
- Fresh producer price inflation data out Friday will give Fed policy clues
- Initial jobless claims also came in below estimates at 212,000
- Oil prices climbed over 2% with WTI topping $78 a barrel