Stocks rebounded on Wednesday after President Trump reversed an earlier stance and signaled he would be willing to sign bills from Congress to support the economy.

He said he would sign a "stand alone bill" for another round of economic stimulus checks in the amount of $1,200. He also promised help for the battered airline industry in the form of $25 billion in relief and also touted releasing funds for small businesses from the Paycheck Protection Program.

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All three of the major averages rose at the start of trading with gains of 1% across the board. Read more at FOX Business