Stocks rise to recover much of steep loss from day before

By STAN CHOE (AP Business Writer)NEW YORK (AP) — Stocks are rising Thursday to recover much of their steep loss from a day before, when markets tumbled into the close. The S&P 500 was 1% higher in early trading. The Dow Jones Industrial Average was up 231 points, or 0.7%, at 32,261, as of 9:45…