US stocks rebound in early trade
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(Close): Stocks on Wall Street erased earlier gains following a three-day slump.
The S&P 500 - which has just recorded its worst three-day fall since November 2011 - rose 2.96 points to 1,877.70.
Losers included shares in major US banks after they reported third-quarter results.
Wells Fargo reported third-quarter profits of $5.73bn, but its shares dropped 2.7%.
However, Citigroup shares rose 3.15% after it posted a $3.44bn profit and said it would exit consumer banking in 11 markets.
Johnson & Johnson closed down 2.13% after the healthcare firm reported third-quarter earnings of $4.75bn, beating expectations.