Stocks rebounded in early trading Wednesday after plunging late Tuesday, the Wall Street Journal reports. The Dow Jones industrial average surged briefly more than 400 points early Wednesday before trimming its gains. Fears about China’s economy in light of the recent devaluing of its currency have shaken the markets in recent weeks. As a result, some are now predicting the Federal Reserve will not raise interest rates in September.

For reprint and licensing requests for this article, CLICK HERE.