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this might be the beginning of the great stock market turnaround of two thousand sixteen start adding to a rebound Wednesday the Dow jumping nearly eight hundred points over the past three sessions I'm probably getting the New York after a disastrous start to the new year you can hear the sound of optimism returning to Wall Street stock had risen more than one percent for three days in a row that kind of strength hasn't been seen since October two thousand eleven the buying momentum building even more after minutes from the federal reserve's January meeting sold policymakers considered scaling back the number of planned rate hikes this year after upheaval in global stock markets also working in the markets favor oil hope springs eternal that the world's leading oil producers off finally willing to turn off the spigot or at least not open it up any wider in hopes of preventing any further plunge in oil prices , but this rally is not just about the energy sector track making a comeback after growth concerns battered the sector since the start of the year Priceline Facebook and Netflix among the big winners investors are ditching clearly you'll economy is heading for recession and scaling back concerned that the global economy is on the fast track to know where that may be enough to beat back three years of a bear market right now but the rebound still has a ways to go to raise the sharp losses , the start of the year