Wall Street rebounds, sterling steadies after tumble

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By Lawrence Delevingne and Carolyn Cohn (Reuters) -U.S. stocks gained and sterling bounced from this week’s record lows against the dollar on Tuesday as investors took stock after recent sharp market moves. The Dow Jones Industrial Average, the S&P 500 and the Nasdaq Composite all added between 1% and 2% after Wall Street fell deeper into a bear market in the previous session. Benchmark 10-year Treasury yields ticked up from Monday’s 12-year high and the dollar added to 20-year highs on a basket of other currencies. Markets are still wary about the pace of U.S. interest rate rises to calm infl…

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