US STOCKS-Wall St up 1 pct as China fears ease

miércoles 2 de septiembre de 2015 10:19 GYT

* US private sector added fewer-than-expected jobs in August

* Ambarella falls as Q3 revenue forecast misses expectations

* Navistar falls on possibility of SEC lawsuit

* Indexes up: Dow 1.15 pct, S&P 1.03 pct, Nasdaq 1.03 pct (Updates to open)

By Tanya Agrawal

Sept 2 (Reuters) - U.S. stocks rose more than 1 percent in early trading on Wednesday, rebounding from steep losses a day earlier, after fresh intervention from China to support its markets helped ease a global equities selloff.

Wall Street closed sharply lower on Tuesday, with renewed concerns about China's economy pushing major indexes down almost 3 percent and intensifying fears of a long-term selloff.

But Chinese stocks moved off steep losses to end almost flat on Wednesday after Chinese brokerages stepped up to buy shares, answering government calls to support the stock market and helping calm jittery investors.

Apple jumped 2.5 percent to $110.48 and gave the biggest boost to all the three major indexes.   Continuación...