In energy news, oil prices rebounded from their pounding of the past week. Crude for September delivery rose $1.05 to finish at $125.49 a barrel after trading as low as $123.50. September reformulated gasoline climbed about 2 cents to close at $3.08 a gallon.

In the energy market Tuesday, crude for August delivery was assaulted by sellers for the second day in a row, plunging more than $6 before edging back slightly to close at $136.04, down $5.33 (3.8%), the biggest loss in nearly 4 months. July reformulated gasoline fell 12 cents, to $3.363/gallon.

Crude for July delivery jumped more than $5 per barrel in New York yesterday (Wednesday) to close at $136.38 per barrel on declines in U.S. supplies and refinery activity.