US STOCKS-Wall Street surges as turbulence becomes the norm

miércoles 2 de septiembre de 2015 16:22 GYT

* Tech stocks lead, Netflix hit by short-sell recommendation

* Volatility index down, but still elevated

* Ambarella's forecast drags down GoPro

* Indexes close up: Dow 1.82 pct, S&P 1.83 pct, Nasdaq 2.46 pct (Updates to close, adds detail on valuations, volatility)

By Noel Randewich

Sept 2 (Reuters) - Wall Street stocks jumped almost 2 percent on Wednesday in the latest volatile session as investors weighed the impact of a stumbling Chinese economy and global market turmoil on the Federal Reserve's impending decision about when to raise interest rates.

U.S. investors have weathered over two weeks of unusually wide-swinging trade that has left the S&P 500 with its worst monthly drop in three years and a loss of 8.5 percent from an all-time high in May.

"What we're seeing today is not a recovery. It's market volatility, it's nervousness, it's an inability to call the direction of the market," said Jake Dollarhide, chief executive officer of Longbow Asset Management in Tulsa, Oklahoma.

"Through now and October we're going to see a lot more of this, a lot of volatility."   Continuación...