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US stocks rebounded Thursday, helped by easing Internet regulatory initiatives and strong economic data. Yesterday US stocks recorded more than eight months the largest single-day decline.

Investors are still close observation of the situation in Washington, had reported that US President Trump tried to interfere with the former US national security adviser Flynn and Russia relations investigation.

"The market is likely to get rid of these concerns yesterday, investors are really worried," said Janna Sampson, chief investment officer at OakBrook Investments LLC.

Investors may be relieved, she said, because last night the US Department of Justice assigned former Federal Bureau of Investigation Muller as Special Prosecutor, investigating Russia's involvement in the US presidential election, and possibly allegations of collusion with President Trumpe's campaign.

"Whatever the outcome of the investigation, we may be confident that we will achieve an accurate and impartial investigation."

The Dow Jones Industrial Average is trading at 56.09 points, or 0.27%, to 20,663.02, while the S & P 500 is up 8.69 points or 0.37% to 2,365.72, while the Nasdaq is up 43.89 or 0.73% to 6,055.13 points.

Investors are concerned about events that could help or undermine Trump's ability to implement tax reform and deregulation. At least some of the gains recorded by the stock market after the election were due to expectations of these policies.

The Telecommunication Services Unit was the largest increase in the S & P 500 index, up 1.2%. The Federal Communications Commission (FCC) bid has passed the Republican proposal to revoke the "Network Neutrality" setting for 2015.

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