Stocks wobble a day after biggest drop since May

The S&P 500 rose 0.2% as of 11:14 a.m. Eastern. The Dow Jones Industrial Average rose 63 points, or 0.2%, to 34,035 and the Nasdaq rose 0.5%.

Technology companies also made gains in a reversal from Monday, when the sector slumped. A mix of industrial and financial stocks fell broadly.European markets were higher, and Asian markets mostly rose. Chinese markets remained closed for a holiday. Wall Street is also gauging how the recovery's slowdown will impact the Federal Reserve's policies that have helped support the market and economy. The central bank will release a policy statement

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